interesting chart. SHORT at conflunce area
Aggiornato
This market looks like it is closing the joung bulls into a corner for the slaughtering. The monthly heavily bearish but I bet young bulls are not looking and their stupid pattern, indicators are screaming BUY,: t is the start of an up trend!
I think not, but y nature I'm contrarian. ;:)
Me think they are all going into a dadly trap. At confluence this thing will tank and the poor joung bull will rush to cut losses selling and the move to the downside will be explosive. We are going to monitir this and look for short entry at the conflunce are if the maket will show its nasty face.
I think not, but y nature I'm contrarian. ;:)
Me think they are all going into a dadly trap. At confluence this thing will tank and the poor joung bull will rush to cut losses selling and the move to the downside will be explosive. We are going to monitir this and look for short entry at the conflunce are if the maket will show its nasty face.
Commento
it did break down but I bit too early and I did not take the SHORT as I should have done. Anyway, lesson learned. I thought they would have waiting a little more to catch more liquidity. Evidently there were no more bulls to catch....ouch
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