remember it's a Trend day as i commented in the morning, don't
over think it, generally those days easy just to buy intra day
dips. had two opportunities to do that now on a simple 5 min
SPX chart, that bull flag and the last one
again on trend day I would expect a consolidation soon around
lunch time lasting about an hr or so that would allow a MACD on the
5 min time frame to recycle back to near the zero level, then
another push higher in the afternoon
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remember it's a Trend day
News driven market ... where crazy Ivan are more common ...
Posted by matt on 12th of Feb 2019 at 12:03 pm
remember it's a Trend day as i commented in the morning, don't over think it, generally those days easy just to buy intra day dips. had two opportunities to do that now on a simple 5 min SPX chart, that bull flag and the last one
Typical Trend Day
again on trend day I
Posted by matt on 12th of Feb 2019 at 12:05 pm
again on trend day I would expect a consolidation soon around lunch time lasting about an hr or so that would allow a MACD on the 5 min time frame to recycle back to near the zero level, then another push higher in the afternoon