I am waiting for the dump back down to the flat hourly 200sma and support of Friday's close.
Depending on how Tuesday and Wednesday trade out. I will be looking at the pivot lows for stop loss hunts.
Same setup as Thursday October 12th on the hourly chart.
Same broken down market trading in a negative position.
Depending on how Tuesday and Wednesday trade out. I will be looking at the pivot lows for stop loss hunts.
Same setup as Thursday October 12th on the hourly chart.
Same broken down market trading in a negative position.
Comment:
This is the dump set up that will take a couple of days to set up. Looking for 350-500 ticks of dumping down to the flat hourly 200sma. Could set up Wednesday or Thursday or not at all. Will have to see how price is looking in a couple of days