Yesterday's attempt was not very successful. Thus I think we will see another move down the days coming.
Yesterday's correction seems to be over and the rate is heading down again now.
Sure, we saw a substantial decline the past 2 days already. But I suppose tat there is still some room down left.
Apple turned short at least yesterday. So I can consider today's upmove as a correction only.
And now another attempt to ride the long horse. We have seen a correction of the previous upswing that could be finished now.
Lokks like the market has decided now on which direction it will go: Up. I am taking a fresh position.
After this long spike up the world has changed. May be we have found the bottom of the Euro now. I am starting with a long position.
It looks like another attempt to test the previous high again.
I am trying another short livinglong position. As we had a new high recently I suppose another test up.
I am trying a long now for a short ride uphill. The intraday charts are looking encouraging.
The upward trend is in danger at least. Though it is no uptrend in sight yet we could risk a small short position speculating that after the retacement of the downmove of the past 2 days we may see another attempt down.
This could be a turning point of AMH or the beginning of an upward correction at least.
Another new high today in a long term upward trend makes me assume that the trend will continue. This would be confirmed if the price holds above the median line today.
A little bit late I admit, but I am trying a short nevertheless as there is still some room.
We got the fourth consecutive high and the momentum is not weakening yet.