Should not pull back much beyond 40 if at all if we are to continue from here, IMO.
Quote from cashcarewins:
I've been waiting for a decent retrace for the last 2 hours to reenter long. Nothing doing. In general, in the last half hour you should ask 'who is stuck more, the longs or the shorts'. Pretty clear that the shorts are stuck so a strong close is far more likely than a weak close.
you.ve got htis pseudo trend day working in your favor,we'll find it if it's butter or margarineQuote from cashcarewins:
I've been waiting for a decent retrace for the last 2 hours to reenter long. Nothing doing. In general, in the last half hour you should ask 'who is stuck more, the longs or the shorts'. Pretty clear that the shorts are stuck so a strong close is far more likely than a weak close.
Quote from ammo:
you.ve got htis pseudo trend day working in your favor,we'll find it if it's butter or margarine
