I think it will also. MY gut said sell at open and I didn't.
Overbought I meant:) Need some coffee.
My own answer – dollar getting stronger, Euro and commodities getting weaker. Every indicator shows oversold (McClellan about to turn down, bullish sentiment high, CPCE at a low). Let's just hope these work.
Sundancer, last time we hit that containment level, we just burst higher. Why should this time be any different?
Carl just sold one unit at 1155.00 (gain of 6 points)
the reaction off the opening came from max contain on the 60 min. this is hit #2 of max contain since the uptrend beganhttp://www.flickr.com/photos/47091634@N04/44536…
That's what I should have done.
Still thinking that maybe TZA falls back to that area again, as part of TZA's typical non-V shaped bottoming process.
I'm in TZA at 7.07 from last week.
I dunno. Maybe we just trade in his range for the day.
We already dropped to the top of Carl's range for how fall we should fall. Looks like a bounce here.
I think it will also. MY gut said sell at open and I didn't.
Overbought I meant:) Need some coffee.
My own answer – dollar getting stronger, Euro and commodities getting weaker. Every indicator shows oversold (McClellan about to turn down, bullish sentiment high, CPCE at a low). Let's just hope these work.
Sundancer, last time we hit that containment level, we just burst higher. Why should this time be any different?
Carl just sold one unit at 1155.00 (gain of 6 points)
the reaction off the opening came from max contain on the 60 min. this is hit #2 of max contain since the uptrend began
http://www.flickr.com/photos/47091634@N04/44536…
That's what I should have done.
Still thinking that maybe TZA falls back to that area again, as part of TZA's typical non-V shaped bottoming process.
I'm in TZA at 7.07 from last week.
I dunno. Maybe we just trade in his range for the day.
We already dropped to the top of Carl's range for how fall we should fall. Looks like a bounce here.