Not a big believer of harmonic trading, but there is the pattern. Money flow weakens.
These patterns supposedly result in a 50% pullback, as shown. Not advice; GLTA!
These patterns supposedly result in a 50% pullback, as shown. Not advice; GLTA!
Comment:
Overnite RTY has moved back to the resistance zone at 2225. If pushback, then lower ahead again, and might get real dicey rejecting from this price twice...
Comment:
See related idea, nearing end of countertrend rally, in sell box; trend is still down, this is a bull trap flag IMO
Trade active:
Rolled and sold now in the Oct 224s
Trade closed manually:
Went ITM for a minute and closed it. Watch n wait. probly higher Friday. Useless to short when it's still rising.
Comment:
Four up waves now into overbought territory, can get more so. Waiting.
