congrats! And again it was almost too easy
selling/shorting at the 61.8% last week which was our target area,
that's always a big important fib area, and SPX pulled right back
from it! Was super easy taking shots there at the 61.8% Fib
how as far as what the market will do now going forward?
There's still an open gap just below on SPX, QQQ etc, that
could soon be filled. It's also possible that the wave B high
is in and we work lower to test the lows and/or break to new lows
in that wave C. however it's also possible that wave B is
still not complete and that initial move was a of B, this is b of B
down, and still get a c move up B to complete, these
corrective moves can take many forms
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When you are net short
Posted by mla127 on 12th of Nov 2018 at 11:28 am
When you are net short on a day like today .......
way to go rambo :-)
Posted by morton7 on 12th of Nov 2018 at 03:10 pm
way to go rambo :-)
congrats! And again it was
Posted by matt on 12th of Nov 2018 at 11:42 am
congrats! And again it was almost too easy selling/shorting at the 61.8% last week which was our target area, that's always a big important fib area, and SPX pulled right back from it! Was super easy taking shots there at the 61.8% Fib
how as far as what the market will do now going forward? There's still an open gap just below on SPX, QQQ etc, that could soon be filled. It's also possible that the wave B high is in and we work lower to test the lows and/or break to new lows in that wave C. however it's also possible that wave B is still not complete and that initial move was a of B, this is b of B down, and still get a c move up B to complete, these corrective moves can take many forms