Looks like I'm going to miss out of some of the move, unless the PPT steps in at 3-3:30, as it appears too be heading down to that 109.41 fake print from 12:10 est.
The thing that makes me think we go higher, as the bull flag that formed, and the double bottom at 111.29 and 111.32, which also have bottoming tails. And the dollar has a bear flag. So, I wait…
Yes it is. That's why it might be better to sit it out. If we miss it we miss it. At least we made some money back. If we get higher I will short. If not, I will miss it.
It might fall here without us Monica? I don't know what to do at this point, so I sit in cash. It's just a feeling of course, I'd close it out positive to make it look like yesterday didn't happen.
You don't want to panic the sheep over the weekend, you know. Maybe it will go down and close at that fake print early at 109.41? I feel like I'm going to miss the move… tough game to play.
You still in cash Monica? I'm waiting too see if we go back to 113 area by EOD, but I'm going to get short before the close. I just hope I can get a good entry point.
Looks like I'm going to miss out of some of the move, unless the PPT steps in at 3-3:30, as it appears too be heading down to that 109.41 fake print from 12:10 est.
Very possible. One thing I have learned is that it is better to lose out, than to lose.
Don't I know that to be the truth…
The thing that makes me think we go higher, as the bull flag that formed, and the double bottom at 111.29 and 111.32, which also have bottoming tails. And the dollar has a bear flag. So, I wait…
You don't want to be unsure in this market because it can kill you.
Yes it is. That's why it might be better to sit it out. If we miss it we miss it. At least we made some money back. If we get higher I will short. If not, I will miss it.
It might fall here without us Monica? I don't know what to do at this point, so I sit in cash. It's just a feeling of course, I'd close it out positive to make it look like yesterday didn't happen.
You don't want to panic the sheep over the weekend, you know. Maybe it will go down and close at that fake print early at 109.41? I feel like I'm going to miss the move… tough game to play.
Another possibility is an ABC to test the 50% retrace at spx 1143. We would be in C since this morning's low.
yep, still in cash. i will probably miss the move down. I'll let you know if i short.
You still in cash Monica? I'm waiting too see if we go back to 113 area by EOD, but I'm going to get short before the close. I just hope I can get a good entry point.
interesting.