confused, not sure what you mean by breaking symmetry and is
bullish.
guys when making market comments or even comments about trade
ideas post your charts and observations so we know what time frame
you are referring to.
symmetry, what time frame broke symmetry, intra day 5 min? or a
longer term 60 min? The 60 in has not broken symmetry of the
uptrend, the pullback 78 points off the highs so far, the largest
pullback was the beginning of the wedge which is 108 points, this
references the uptrend since the June 29th low. The QQQ's are
a different story
intra day on a 5 min chart the SPx had a 22 point bounce off the
lows this morning so that is the largest bounce since the downtrend
yesterday so is a symmetry break with respect to that time
frame.
again love you guys to post, just make sure to post more details
so that they are not confusing
Hey Matt- Is ES Breakout on
Posted by pep8261 on 24th of Jul 2020 at 10:06 am
Hey Matt-
Is ES Breakout on a buy?
Appears SPY broke symmetry and
Posted by timsufo on 24th of Jul 2020 at 10:39 am
Appears SPY broke symmetry and looks bullish.
confused, not sure what you
Posted by matt on 24th of Jul 2020 at 10:46 am
confused, not sure what you mean by breaking symmetry and is bullish.
guys when making market comments or even comments about trade ideas post your charts and observations so we know what time frame you are referring to.
symmetry, what time frame broke symmetry, intra day 5 min? or a longer term 60 min? The 60 in has not broken symmetry of the uptrend, the pullback 78 points off the highs so far, the largest pullback was the beginning of the wedge which is 108 points, this references the uptrend since the June 29th low. The QQQ's are a different story
intra day on a 5 min chart the SPx had a 22 point bounce off the lows this morning so that is the largest bounce since the downtrend yesterday so is a symmetry break with respect to that time frame.
again love you guys to post, just make sure to post more details so that they are not confusing
Sorry, was looking at 5
Posted by timsufo on 24th of Jul 2020 at 10:53 am
Sorry, was looking at 5 min intraday..