We bounced right where we knew we would. I moved the next bounce line down to where it makes sense at 7k on the nose.
It looks like this is a good counter trend rally and a bull flag forming for another leg higher to red line above. I am counting on a fail up there and a massive sell off.
If you want to get out sell the rally. If you want to get in I would wait. There was no volume and despair on the recent low so count that we are going lower in the near future.
It looks like this is a good counter trend rally and a bull flag forming for another leg higher to red line above. I am counting on a fail up there and a massive sell off.
If you want to get out sell the rally. If you want to get in I would wait. There was no volume and despair on the recent low so count that we are going lower in the near future.
Kommentera:
No it was not... I keep looking fro the rally maybe i should not
Kommentera:
Hey it looks like it happened. Not how I thought it would happen so it does not really count.