Posted by timebandit on 20th of Jan 2022 at 09:11 am
Need to clear 4565. You might watch to see what it does there,
and if it pulls back see if 4535 support holds. If so, buy there?
If it clears 4565 instead, then buy and look to next resistance
area.
Note: AAII out this morning has most bears since September 2020.
I’m not at my computer, but hadn’t yet posted to Stockcharts an
hour ago
Need to clear 4565. You
SPY and ES Systems
Posted by timebandit on 20th of Jan 2022 at 09:11 am
Need to clear 4565. You might watch to see what it does there, and if it pulls back see if 4535 support holds. If so, buy there? If it clears 4565 instead, then buy and look to next resistance area.
Note: AAII out this morning has most bears since September 2020. I’m not at my computer, but hadn’t yet posted to Stockcharts an hour ago
Sorry, should have specified those
Posted by timebandit on 20th of Jan 2022 at 09:58 am
Sorry, should have specified those are ES numbers. Chart from Matt's newsletter last night shows the retail resistance area
yes thanks but figured it
Posted by retirefire on 20th of Jan 2022 at 09:58 am
yes thanks but figured it out nice.
Lot of people trading station
Posted by timebandit on 20th of Jan 2022 at 09:16 am
Lot of people trading station to station in this environment, so doesn’t hurt to take some off at resistance and vice versa if you’re on the bear side