3 replies to this topic

[relax]

reminds me of friday once again trying to give the impression of a weak close maybe lower start tomorrow, but heading higher

[rkd80]

the minute charts look almost identical.

[nicolasillo]

how about it is also similar to that day (8/8) that went up to 1503 and close around 1497, only for the decline to resume the next day? That time we also had a 61.8% retracement from the lows. The only difference I can see is that today it closed a bit above the 61.8%. Just curious if you have identified any similarities there.

[relax]

nas composite made a gap on 8/8 that was not the case yesterday, removing some downward attraction also 8/8 was the wednesday before opex, where a high or low would have a higher probability don't get me wrong - i would not be buying now the way i see it - buy signals are now in place, therefore we just need to move down in order not to make things to easy cycle low should come next week monday-wednesday so i'd be going short on the up move today good trading to you