Steve, do you think we have seen the best the market has to offer today (10200?). Seems like downward I1 keeps dragging it back down each time it tries to poke into positive range. Was holding out for approx 10,300 but seems we might not get there.
I know, I don't like waiting on this thing either. The market's building a triangle. Normally a triangle will break in the direction coming in. We just need to be ready to short on new low, but wait for the rally to develop. I'll post my short point on continued decline.
Steve, do you think we have seen the best the market has to offer today (10200?). Seems like downward I1 keeps dragging it back down each time it tries to poke into positive range. Was holding out for approx 10,300 but seems we might not get there.
ReplyDeleteI know, I don't like waiting on this thing either. The market's building a triangle. Normally a triangle will break in the direction coming in. We just need to be ready to short on new low, but wait for the rally to develop. I'll post my short point on continued decline.
ReplyDelete