HERE WE GO GUYS AND MAYBE Gals
We have us bear flag and confirmation rejection off of a retest, sit back relax and enjoy the dump if so.. not in yet take some chances but I would miss out on this unless it spikes up can have nice short ..
Happy Saturday!
Now that i have you suckers attention!
Looks as if were in a bear flag guys! Yes this sucks im ready to stop eating noodles also!
Okay, First confirmation i have is a decrease in buying pressure volume.
Second we have is 3+ touches i feel is the major confirmation.
third, We did get gdp negative so technically we are in recession
fourth, wait for the...
tripple bottom and has already broke out, also there is up trend of the psi of HH AND HL. Me personally I'm being conservative and gonna wait for the retest especially knowing we are currently in a down trend. Plan is to wait for price to return to previous resistance zone, look for confirmation signs and long it to the new resistance. then look for a short...
First of take consideration of interest rates increase coming soon we all know thats bad for the market in the past scenarios.
Break of trend line to the down side long term SL around 912 range and short term of 1012. go either 2 ways of this wait for extra confirmation of downside or wait for the retest back at trendline and short futures are gonna print. P.S....
printing a nice long. Lunc seems to be retesting and gonna bounce from the 100 ma. Lets give it a couple of days to find confirmation. THOUGHTS AND OPINIONS WELCOME!
Opinion etc gonna break trendline and continuation of dumping to under 17k. which for RIGHT NOW I will believe to be the last dump and well be the bottom. But we will see how the next couple of days go. PLEASE GIVE HONEST OPINIONS AND THOUGHTS to help my trading journey.
