Posted by alvinjm27 on 18th of Jan 2019 at 02:06 pm
If it ends up being a trend day, does the follow trading day
typically start with pulling back? I recall reading that on here
before...can you clarify?
the following day is typically a consolidation day, chop day,
rarely do you get two strong trend days in a row. It does and can
happen of course where you get a back to back strong day, but
generally the next day is a choppy day and many times a slight down
day or doji
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If it ends up being
5 min SPX and trend day
Posted by alvinjm27 on 18th of Jan 2019 at 02:06 pm
If it ends up being a trend day, does the follow trading day typically start with pulling back? I recall reading that on here before...can you clarify?
the following day is typically
Posted by matt on 18th of Jan 2019 at 02:14 pm
the following day is typically a consolidation day, chop day, rarely do you get two strong trend days in a row. It does and can happen of course where you get a back to back strong day, but generally the next day is a choppy day and many times a slight down day or doji