Not sure why I didn't notice this earlier, we got a nice wedgie going again. There's a chance it goes for one more bounce up next week.
Note that the red arrow is target price. Last time it broke a wedgie, it bounced for over a week before the tank.
Note that the red arrow is target price. Last time it broke a wedgie, it bounced for over a week before the tank.
Comment:
Strong up move at the end of the day surprised me a little, looks like the computers are set up for another pump and dump.
Expecting a gap up Monday followed by a reversal either Monday or Tuesday.
We got that dip I expected and the reversal as well. Nice whipsaw day to screw with day traders.
Expecting a gap up Monday followed by a reversal either Monday or Tuesday.
We got that dip I expected and the reversal as well. Nice whipsaw day to screw with day traders.
Comment:
Last time the market formed a similar pattern it dropped out of the wedgie on Iran missile attack, anything can happen over the weekend I suppose. But I'm sure there has to be some bad news for this pumptardedness to end. In the meantime, careful what you short.
At this point the risk isn;t worth it to go long either. Just watch the indicators.... they've been fairly accurate so far.
At this point the risk isn;t worth it to go long either. Just watch the indicators.... they've been fairly accurate so far.
Comment:
Chinese market down big on "Hong Kong violence" as if that hasn't been going on for 6 months. We'll see what the Euros do in the morning, don;t see how this "news" really affects anything.
Comment:
Broke the wedgie and appears to be doing a back test. Rally appears to be over, I think it's going to whipsaw sideways, not tank but what do I know....
Buy when indicators show oversold.
Buy when indicators show oversold.
The way the computers work, it'll probably finish the day close to that trendline so we won;t know if it's gonna break up or down....
Market is pumptarded, so we could see one more leg up.