Jump to content



Photo

MCO character change


  • Please log in to reply
1 reply to this topic

#1 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,879 posts

Posted 13 November 2015 - 09:30 AM

I have been watching last year's action in comparison.
One thing that really stands out to me is the wide spacing each day since the August decline.
We could bottom here, but seasonally a move back to -150 may just turn back down before any intermediate bottom, similar to last year.
I'll hang on to my UVXY and see if we do follow that typical November pattern lower.

Posted Image

#2 Rogerdodger

Rogerdodger

    Member

  • TT Member*
  • 26,879 posts

Posted 13 November 2015 - 10:21 AM

Beginning to look like Friday August 22nd.
I got almost 10 points since Wednesday's $27.
http://stockcharts.c...47427924251.png

Edited by Rogerdodger, 13 November 2015 - 10:21 AM.