cool - hope that helps. I'm torn here too. If you asked
me, I was honestly hoping that the market would have stayed down
and sold more the next several days and washed out with the abcXabc
playing out, that would provide really great long opportunity.
With today's reversal the triangle could still be intact. If
one had to be long, seems like a stop could go at today's lows now.
Otherwise given the volatility we are seeing just because a
doji forms doesn't mean that the market can't reverse again
tomorrow or next week and go back down again to new lows. It's too
early to call now, both options are still valid at this point, but
today's recovery is a positive for now.
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Than you , that is
One thing is that we really didn't see the fear ...
Posted by ducati on 3rd of May 2018 at 03:15 pm
Than you , that is all I was asking
cool - hope that helps.
Posted by matt on 3rd of May 2018 at 03:25 pm
cool - hope that helps. I'm torn here too. If you asked me, I was honestly hoping that the market would have stayed down and sold more the next several days and washed out with the abcXabc playing out, that would provide really great long opportunity. With today's reversal the triangle could still be intact. If one had to be long, seems like a stop could go at today's lows now. Otherwise given the volatility we are seeing just because a doji forms doesn't mean that the market can't reverse again tomorrow or next week and go back down again to new lows. It's too early to call now, both options are still valid at this point, but today's recovery is a positive for now.