Quote from gwac:
The channel is down right now. If I had to guess since we are down 12 points already, the market is trying to create this bear feeling. I think we go a bit lower and break the channel to the top side later.
Just a guess.
Quote from gwac:
The channel is down right now. If I had to guess since we are down 12 points already, the market is trying to create this bear feeling. I think we go a bit lower and break the channel to the top side later.
Just a guess.
Quote from Buy1Sell2:
There is really only one thing here to hang my hat on and that is the daily trend. Thus, I continue to play the long side until further notice. All other charts less than a day are saying short. I trade in the direction of the daily trend though when trading charts less than a day, so no shorting allowed right now.
Quote from fearless9:
It is a huge stretch from a 2M bar to a daily bar ......too many swings in between
regards
f9