why does it feel so heavy right here right now?

Quote from indahook:



Can you elaborate? I have never used a strictly time base method(psychologically not feasible for my personality type) but I am curious as to how someone would base there trading off one.
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It is necessary to say that my timing method is not only one I use to enter. I look for divergencies in commonly used indicators like MACD, RSI,CCI and if they occur close to previously determined " times to trade " I take a trade . I do not enter trade between 1200 and 1330 est.
Timing method is just intersecting trendlines .
Walter
 
Quote from Walther:



It is necessary to say that my timing method is not only one I use to enter. I look for divergencies in commonly used indicators like MACD, RSI,CCI and if they occur close to previously determined " times to trade " I take a trade . I do not enter trade between 1200 and 1330 est.
Timing method is just intersecting trendlines .
Walter
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Understood, thank you.
 
Cynical person inside of me is telling me that when all shorts are
covered, market powers will take us down again . I just have no faith in recovery .
Walter
 
The time is now 3 minutes before Thursday's close I hope now you can tell that your intuition (of the market feeling heavy) was right on target.
 
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