if this goes under 80, might go under 70, and 60 and 50 to God's know's where?
iow, no one knows where the "Big Dog" bottoms is!
iow, no one knows where the "Big Dog" bottoms is!
yes, the bear momo isn't overt yet, but there are clues imou could be right, i do see some cracks in the bullish moves at the 86.50 resistance. not sure about bear momentum at the moment.
finally the wise one spoke. damn now i got to look for shorts.Continuing short here as I see no obvious reason to flip long
so far it was a fake out. to trap bears. need more concrete signals to be a bear today as of now.but it would be too early to get in short as need few more candles to form to understand the moves. some times it is fake outs to trap bears.
this looks ike a fake out to me. maybe jumped too early.ok shorting 86.25 but tight stop 88.00