This is where we are and the setup looks good for longs.
Please notice. After each drop within the wedge, we had 6 bullish bars before the next drop. We are at bar 1, so 5 more bars to go. All given, if the setup and my assumptions are correct. (which they probably aren't:)..Something may go wrong, so don't invest your money based on that please. It is just a guess!
Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future. I may or may not hold positions in symbols I talk about. I may change my mind and not tell you because posting stuff is not my priority. I just post things for fun based on what I learned and that may be incorrect.
Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions as you may lose all your money...and.. although my name says so, I am not from the future and don't know the future. I may or may not hold positions in symbols I talk about. I may change my mind and not tell you because posting stuff is not my priority. I just post things for fun based on what I learned and that may be incorrect.
Comment:
I am still a BIG BEAR, but have to do what the market does for now.