todays nip so far is 54-52.5 with a ledge at the 54, anywhere inside of that would have been a good target for a daytrader selling under the 59.5 trendline
we've broken below that nip now so you would short to under that 48.75 ledge and then think about getting long there and ride it back to 52 on a normal daily ,non trendday chart
Also, while most stocks are down for the day, they're above their open. I'd say it's a mixed bag: a down day, most likely, but it doesn't seem to be going anywhere now and the last hour it's a crapshoot.
no, the blue line is dvol,i'm flat ,we've had a pretty good ten day drop,still bearish,just leary,if we weren't in day ten ,i'd expect that 1026 tl to get tagged,44 to 58 is a pretty strong bounce
no, the blue line is dvol,i'm flat ,we've had a pretty good ten day drop,still bearish,just leary,if we weren't in day ten ,i'd expect that 1026 tl to get tagged,44 to 58 is a pretty strong bounce
