Hey chat, So the bulls came out of hiding during the CORE CPI which had a low reading by the way. I actually thought that was weird till the bears returned. Anyway, do you see that we finally got a gap fill in VXN. What are the freaking odds right? The fib levels have been pretty useful lately. The 50 and 38% daily fib have all been hit. However, we got a bounce off the 38 which gave room for a double bottom on lower tim-frames. Again, what are the odds?
Now, all I can say is let's wait to see what these Bullish signs mean. First a bullish divergence, now a double bottom.. Hmm! finally, what are the "damn" odds?
For the news:
We've got the PPI by 13:30 GMT and Crude oil Inventories by 15:30 GMT.. Don't ignore your fundamentals and sentiments!
Do me a favor and smash the like button, be sure to follow me, and leave a comment---I love reading those.
Cheers,
Lazyluchi
Now, all I can say is let's wait to see what these Bullish signs mean. First a bullish divergence, now a double bottom.. Hmm! finally, what are the "damn" odds?
For the news:
We've got the PPI by 13:30 GMT and Crude oil Inventories by 15:30 GMT.. Don't ignore your fundamentals and sentiments!
Do me a favor and smash the like button, be sure to follow me, and leave a comment---I love reading those.
Cheers,
Lazyluchi
Trade active:
Trade closed: stop reached:
Comment:
Re-taken!
Comment:
Mixed market. Best you take profits and stay out!!!
