this is getting interesting now...to short here?
they could easily run your stop, on a day like today in a blink of an eye
Ok, this is my expectation, it's very likely that Naz is ready for another upside thrust, this is the weekly chart. I'd only buy dips now, better win rate this way IMO.
Ok. I didn't realize this. That's interesting...did you do a backtest on this or?
a first touch of an upper BB means higher? touch of an upper BB means overbought according to classic use?View attachment 169587
I agree with you. Another bullish sign to support your current view is that first touch on upper bollinger band means more up ahead. So, trying to counter-trend trading here is a risky business.
In the meantime, I expect market to pull back first before betting on the upside.
Lets run this higher, and decide next week?I am leaning towards this being the area of a short term top
Good luck Monday, hope they don't pop your stopDay trade short 2274.00 Initial stop 2278.50
