We will need to see tapering under our magenta buying channel which failed to pick up price. And if we see that throughout the day today, I will look for either a rejection from our strong selling green (on the daily) or our more tapered selling teal (which is strong selling on the weekly).
Keep an eye out for these and join my livestream at market open to see how I look for and take my trades.
@danielmasports, No, Troll, I'm not wrong. If you watched the video you would see that I point out what needs to happen in order for this to be true. If you didn't watch the video and just shorted from the title than you're an even bigger idiot than you are troll. But if you've watched any of my videos, you would know that I always point out what you need to see happen in order for things to play out. And no, just because it went up 1 point, does not mean I'm wrong because again, if you watched the video, you would see that I made my analysis on the weekly and daily time frames and they all factored this possibility in. So thanks for your productive comment but I'd prefer you kept silly ones like that to yourself. Unless of course you watched the video and can make an educated comment as to why you think I'm wrong. If you're just here (which it seems like you are) to find "quick and easy ideas to take trades" than I'm sorry to burst your bubble but you will fail time and time again until your bank account is no longer. If you are here (which it seems like you are not) to actually take the time to learn, study, and get better, then you will find success like many of my loyal followers who have shown a lot of appreciation to the time I spend posting these analysis videos and I'm sure are seeing great growth in their trading. But if you are so incredible at this trade and don't feel the need to educate yourself and improve your knowledge, at the very least spend your own time educating others and help them rather than putting people down for trying to help and spread knowledge. So please, Danielmasports, do better if you will.
(I truly apologize for losing my cool to everyone else who actually watches my videos and appreciates my analysis. I will try to hold back from entertaining nonsense like this in the future - however, it is important to actually watch the videos to take any useful knowledge out of what I put out). And even more important to be a good human being and not feel comfortable hiding behind a username putting others down who spend their time trying to help. Hope this taught someone a lesson.
And this my friends will be the intro to my part 2 video "For the haters part 2". We all know how that first one turned out!! Happy Trading Hater :)