Bear flag

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lol! not really! went against me for while though It did well towards EOD. almost closed at a loss. I labeled this one "closed loss" either way
KevinT AlphaCondor
It wasn't meant as sarcastic. When I click on it, I only notice the end result. Have been a too long day for me :P Slept 4 hrs last night. Trading since 8 am (CET). Now 01:33 here already.
KevinT KevinT
I think that, after the W formation, it will go up again.
Im holding shorts on the Dow overnight... I think we head south at least for a few days
KevinT AlphaCondor
I'm not sure. Looking at the Dow futures, after a trompet it ended the 24 hrs unchanged.
The German Dax, the major index in Europe, didn't react at all. Only movers were currencies and gold (maybe silver as well).
looks like gold is finally going down, I'm still holding that short through puts so have lost some time value
No I know bud, I'm just saying... I saw a bear flag but it turned out to be a triangle that broke to the upside, so I'm not too proud of this call, even if I did profit lol
KevinT AlphaCondor
U know what's so funny? Today i just learned about something call bull and bear flag top and bottom. Right after the Dow futs made a bull flag top. And later u post a chart based on the same theorie. A quite valueable knowledge.
Thats a lot of time awake! and trading! lol... but you're lucky you're in the best time zone to be a trader
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