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for tomorrow I'm watching 1038 - 40 as key area. if trading above we could have a "relieve rally". if trading below another leg down very likely. my bias remains negative. that means above 1040 my long trades are more aggressive than my short trades, and below 1038 my short trades are more aggressive than my long trades. imho
Thanks for leading me to the TTT. Am I right to say that if we have the TGVR in play today
and if we dont close the gap (down to 1038) we could be heading higher ?
I add few more words, If make a Higher high and donot fill gap. Then effective otherwise not. If say donot make Higher high but still gap is there, then TVGR is not effective. Condition make higher high. I add to TTT, this is very effective, if some one build a approach to understand it. In this respect Rick is very kind. I think these few words help ful to you