fredsaid, watch for a positive close tomorrow. It could be a
hanging man, and a reversal to the downside as a bearish option.
The descending trendline connecting recent highs should be a strong
resistance, and a stop for swing shorts not far above.
Also, watch TLT for continuation of its uptrend. Indexes cannot
rise with TLT falling.
fredsaid, watch for a positive
Please advise if any of the long system trades show ...
Posted by junkie on 23rd of Feb 2023 at 03:11 pm
fredsaid, watch for a positive close tomorrow. It could be a hanging man, and a reversal to the downside as a bearish option. The descending trendline connecting recent highs should be a strong resistance, and a stop for swing shorts not far above.
Also, watch TLT for continuation of its uptrend. Indexes cannot rise with TLT falling.
Good call. I see the
Posted by fredsaid on 23rd of Feb 2023 at 03:15 pm
Good call. I see the 9, 200 and 50 converging on multiple time frames... perfect spot.