Will it fail this time? it has been pretty reliable over the past three months, lets see.
YM Inverse H&S pattern
- Thread starter Rickshaw Man
- Start date
Hum, gee I wonder if the late day rally into the close will happen, that is almost certain to occur, with out a doubt, their is know way the Dow will close the day on its lows, that hardly ever happens.
have you snapped, man.
I thought you and eqttrdr were the biggest bulls on elitetrader?
I thought you and eqttrdr were the biggest bulls on elitetrader?
Get ready to move higher, we are at the lower end of this 24 day trading range 10530-10700.
It is very hard for instutions and hedgefunds, or anybody for that matter to trade in this enviorment. But one thing you can always count on, is if the Dow has been down pretty hard, it always rallys up off it lows in to the close.
Ok im ready, long YM 10560 ready to move em on up.
It appears as though someone is sweeping the bids, and they are getting pulled rater quickly, not showing as much conviction in the bid has me a tad concerned, I did say tad.
Opps, oh well I will buy another @10530.
Position average 10546, everything still within my risk profile.