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Did not try to trade it, don't like that washing machine environment. Anymore. But I have taken that a lot in the past.
The background story is not just gunslinging. We have an intermediate potential 5WM down, and ABC up, then a retrace to the 786 with volume confirmation throughout the RTH.
Can you help answer these questions from other members on NexusFi?
1) A very shapely intermediate 5WM down (fibs were not exact, snap was off, but the idea is there)
2) The anticipated ABC up (C leg this morning)
3) Bull defense of price around 91.80 - 92.30
Despite the potential of seeming insane, after no short trades all day, I am staying faithful to the long side. It is so much easier than changing my mind.
I figure I have to be right eventually, here, or 90, or 75...
Overlapping corrective behavior still in play, but decent pre-market volume response to potential minor trendline, most likely in response to Durable Goods at 8:30am.
My apologies, the data is running but the indicator stopped recording. Yesterday'sRTHPOC established at around 92.58
Want to see a hold of this bracket low and upwards price rotations though yesterdays range
Possibly price exploration to the highs of the bracket
we have excess from yesterdays "C" period around $93.30...lets see how the markets responds in this area if we get there
" I will follow my rules, I will take my stops, I will be disciplined and i will work with the market....NOT AGAINST IT! Professional mind control is the key"