RA
rat89
Rep: 0
Posts: 7,015
with everyone waiting for the famous 396 area.....what if the exit at 1.46 blue arrow and retest at .768/ .886 at 2nd blue arrow is the turn? there is a scenario where spy, gld and aapl all turned yesterday, and if it only takes two days to juice the bears that could be a clue for those of us looking to trade when the crowd is looking the wrong way....as traders we know we have to keep a very open mind....
MA
MarcinO
Rep: 67
Posts: 5,506
It looks like EURUSD bullish correction found D point at very unobvious lines crossing, right between groupings. Maybe that's the plan to produce at least one more wave up, after sucking bears in?
Originally posted by rat89
with everyone waiting for the famous 396 area.....what if the exit at 1.46 blue arrow and retest at .768/ .886 at 2nd blue arrow is the turn? there is a scenario where spy, gld and aapl all turned yesterday, and if it only takes two days to juice the bears that could be a clue for those of us looking to trade when the crowd is looking the wrong way....as traders we know we have to keep a very open mind....
JI
jimkane
Rep: 3,058
Posts: 33,089
The question I have is how will this finish today? 15 area is strong, and then 19-20. Which one? I'm thinking 19-20 is slightly better, but they'd have to come in strongly to get another 8-9 points out of it. But, it has the time... Too bad it couldn't just roll over from this awesome spot here... If wishes were horses, beggars would ride, as they used to say a few centuries ago...
JI
jimkane
Rep: 3,058
Posts: 33,089
It's teasing me, again. Watch the bullish ABCD here. Why can't they just sell the oinker from here?







