Watching 3700+ for failure before entry
Dangerously close to the end of a bad year. The timing could paint a nasty double top with a lower high, starting 2021 off with a soft foundation built on injections from the fed and pharma (aside from the "bad omen" that is a double top).
Dangerously close to the end of a bad year. The timing could paint a nasty double top with a lower high, starting 2021 off with a soft foundation built on injections from the fed and pharma (aside from the "bad omen" that is a double top).
Trade active:
Sniped, now for the failure
Order cancelled:
Sometimes the set up doesn't develop.
Comment:
3700 is looking like support.