3309 Drysdale Ct
Edwardsville, IL 62025
$RUT holding S1 with a 10m doji & TF forming an inverse H&S on 1m - TF breaking back up over 1186 raises the probability that selling is over for now.
TF went right to 1186.1 (futures primary pivot today) & was rejected. If...then shifts back to negative bias now.
Caveat: positive divergence on latest Russell lower low on multiple timeframes. Could just be a balancing day that chops traders up. That is often the case on jobs numbers days (higher volatility with not much change by the end of the day).
Divergences corrected.
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$RUT holding S1 with a
Market reversing?
Posted by a_l_ on 9th of Jan 2015 at 10:53 am
$RUT holding S1 with a 10m doji & TF forming an inverse H&S on 1m - TF breaking back up over 1186 raises the probability that selling is over for now.
TF went right to 1186.1
Posted by a_l_ on 9th of Jan 2015 at 11:01 am
TF went right to 1186.1 (futures primary pivot today) & was rejected. If...then shifts back to negative bias now.
Caveat: positive divergence on latest
Posted by a_l_ on 9th of Jan 2015 at 11:06 am
Caveat: positive divergence on latest Russell lower low on multiple timeframes. Could just be a balancing day that chops traders up. That is often the case on jobs numbers days (higher volatility with not much change by the end of the day).
Divergences corrected.
Posted by a_l_ on 9th of Jan 2015 at 11:13 am
Divergences corrected.