PA was able to break the minor falling TL, but after bouncing off the cluster at 1260, we are seeing upward pressure dissipate as the upper clusters are thinning out and/or disappearing. BUT, we still have a bunch of sell clusters down below, juicy juicy sell clusters, guess where PA is going?
Comments
GeorgeJimas
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Why did you lie about there being clusters in the 40's, had people listened to you, they could have lost money. Stop making up clusters because you're in a bad short.
848evo
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What in the world are you talking about? Do you even know how to trade or are you blind? The clusters are clearly represented there in red lines, PA just hit the cluster at 1249, causing the spike down. The buy-up is because market participants are buying in at market price. There are still 2 more sell clusters that WILL cause price to drop IF they are hit down below at 1240 and most importantly, 1237.
And I don't even see how I'm in a "bad short", I'm already in short at 1262 so I'm still in profit.