Traders should remember this week for future reference. This week exhibited a common pre eom, eoq, holiday turn. I ve seen this play out many times. An early week spike low then the 5 minute consolidation before the ramp job. Rusty underperformed early week and played catch up today. I posted the 5 minute ping pong chart Tuesday morning and once the turn came there were a few retests at the 200 and 377 ma and then the ramp. Missed a major limit buy in the low 950s Tuesday afternoon while at work. Oh well, this pattern plays out over and over on turns and there will be plenty o more opps....trade safe
Classic week
Started by
merciless
, Jun 27 2013 10:07 PM
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