Monica, I made a mistake on monday when I went long but couldnt watch the market yesterday until afternoon due to some meetings, and then I came out with a loss.
Ashsail, why did you get in cash? To me it looks important that we close below containment and if not, big gap up tomorrow even if the downtrend continues.
I have been more of a swing trader and have been superstitious about the market when it is at extremes, especially at the top. Not a day trader, though, except by accident. My usual holding period is a couple of weeks.
I have generally missed out on big moves like this, so it's quite an experience.
Monica, what level do we need to close below today, in order for the selling to continue? Was it 111.77?
Monica, I made a mistake on monday when I went long but couldnt watch the market yesterday until afternoon due to some meetings, and then I came out with a loss.
Ashsail, why did you get in cash? To me it looks important that we close below containment and if not, big gap up tomorrow even if the downtrend continues.
This looks scary, I am in cash now. Thanks Sun
Looks to me that if we don't close below containment, there will be a big bounce tomorrow but that is just my interpretation.
I have been more of a swing trader and have been superstitious about the market when it is at extremes, especially at the top. Not a day trader, though, except by accident. My usual holding period is a couple of weeks.
I have generally missed out on big moves like this, so it's quite an experience.
What does this mean? I can see the 3 touches maybe 4 off the white line
don't know what ENV means
is this bullish or bearish?
forget the news!!!!!!!!!!!!!!
Last hour will be drama. Bulls may be bolstered by those week fed comments.
seems like typically when that happens we get a bounce?