Sure, I could be wrong, retest etc, but there is at least a 75% that was the ST low
That's the ST low, folks!
#1
Posted 12 November 2018 - 12:08 PM
#2
Posted 12 November 2018 - 12:12 PM
Inv. H&S deserves some respect until proven otherwise.
#3
Posted 12 November 2018 - 12:16 PM
#4
Posted 12 November 2018 - 12:21 PM
I tend to agree a ST bottom was in as my SPX 2730-35 downside target has been reached and the VST signal just turned into Neutral...................
#5
Posted 12 November 2018 - 12:23 PM
I hope that it holds today, but another leg down tomorrow likely.
#6
Posted 12 November 2018 - 12:30 PM
I see tomorrow an up day.
#7
Posted 12 November 2018 - 12:39 PM
Market looks as if external influences will decide ST & IT direction
Maybe not, it could be major geopolitical facts will defeat them but my 30 years experience
warns me about taking any SHORT trade for granted and to be on the alert for very strong reversals.
Always, I am prepared to be wrong
#8
Posted 12 November 2018 - 01:29 PM
Ist restest held the low SPX 2733
Let's see if it can hold on.. or give away to SPX 2600 handles
#9
Posted 12 November 2018 - 01:33 PM
Looking at this ES tick chart: SELLERS abound!
Trench warfare!
#10
Posted 12 November 2018 - 01:43 PM
The bounce came too early in the day, only the 2:30 to 3:00 are real turns.