this is or has been an orderly ramp. the market is keeping its head so to speak
we shorts are caught up in it, but i'm not panicking(yet)
we shorts are caught up in it, but i'm not panicking(yet)
yes, good pattern to use.Another h&s
Where 64 area was the support we had to break through for downside to occur, it is now likely the resistance that would be tough to get through to the upside. We'll see.Unlikely that we would see much above 2067.00 here.
the ramp was too orderly for bulls taking positions below.
they will take profits, we might see a 50% retrace? i don't know just a feeling