Tomorrow feels like a big up day coming

Concinnity said:
Ok all was trying to say is setup today often causes upside pressure, even if only short covering. For intra-day trading and for me personally this is a pretty large move today so far. Understand what you're saying and I am still macro bearish long term without a doubt, so no complaints or arguments there. But for me personally I've learned to take regains seriously. The few times they fail or don't produce much are rare.

EDIT: To clarify we have not yet officially regained yet either on a weekly TF obviously, am aware of that per previous comments.
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Ok but again all I was saying is a move, big or small, needs confirmation. A bottom that isn't confirmed is just another bar.

Maybe it closes higher, then trades even higher overnight or tomorrow. We need to wait and see.
 
They are selling every gap up.
That tells me institutions don’t think these price levels are “ good long term investments”.
That’s not good.
 
SoyUnGanador said:
Yes, I've been wrong before. But I have this feeling. Oversold feeling. Tomorrow we go North. Just getting this out there for all to see. BANK ON IT.
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Well done, Ganador. You beat 'em all, esp. ME. :):):thumbsup:

I was 100% on this one-day call. :thumbsup::thumbsup::thumbsup:

Ther's still 30 minutes left to go but I don't care, I never expected a rally, that's enough for me to declare bad callon my part!!

Keep it up :thumbsup:
 
6v1cv1.jpg
 
SoyUnGanador said:
6v1cv1.jpg
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:D:D:D:D:D:D:D YOU are a magnificent trader, Ganador. Such a spectacular CALL. Here's what makes your CALL so spectacular .... IMHO of course ..........

Vix had already broken out
There was no divergence on the Indexes, none whatsoever
The bearish engulfing bars precluded any rally and instead called for demise and downside
There was some support her and there for for many inedexes there was none.

But the rally occurred nevertheless.

Your HUNCH proves that there is more to trading than just TA.

I'm impressed. :thumbsup::thumbsup::thumbsup::thumbsup:

God bless you :)
 
Laissez Faire said:
6 red candles where each had a negative close. Pretty good odds for a decent up day the next day... :)
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Would that have applied to a 5 red candle scenario too? :) Amazing you didn't join in on here before it happened and told everyone that you agreed with me based on your 6 red candle analysis! Amazing that came only after the fact! :)
 
SoyUnGanador said:
Would that have applied to a 5 red candle scenario too? :) Amazing you didn't join in on here before it happened and told everyone that you agreed with me based on your 6 red candle analysis! Amazing that came only after the fact! :)
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To be fair he did post it yesterday in the journal thread that a lot of people post in together. There we're other things mentioned as well from others. Not trying to take away from your call, it's just there's no need to act like it's magic, when there we're legit TA reasons for the move.
 
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