one step or level at a time my man - 3 good up days and bull
market talk.
that said, like I commented below, I favor maybe a 50% to 62%
retracement of the bear market decline that might take 1 - 2 months
to unfold
short term either a pullback from here or if we have a yet
another strong up candle on Monday a move to maybe 50 MA, then a
decent size abc pullback that forms a higher low then up again -
maybe back to 200 day MA over time
one step or level at
Breadth Thrust
Posted by matt on 27th of May 2022 at 07:58 pm
one step or level at a time my man - 3 good up days and bull market talk.
that said, like I commented below, I favor maybe a 50% to 62% retracement of the bear market decline that might take 1 - 2 months to unfold
short term either a pullback from here or if we have a yet another strong up candle on Monday a move to maybe 50 MA, then a decent size abc pullback that forms a higher low then up again - maybe back to 200 day MA over time
Haha not really but I
Posted by kevindeng0727 on 27th of May 2022 at 08:06 pm
Haha not really but I am certainly opened minded for this possibility. Have a great weekend Matt & everyone.