price also stalled exactly at that ATR on the daily, lined up
perfectly with other resistance levels. Now what the 'bulls' hope
for is price to form a higher low - watch the ATR on the smaller
time frames, there's still room on the downside but they are
approaching
And on the QQQ daily - price tagged the channel line, rejected
off. But also notice that 60 Stochastic, was at that 50% level,
which is a big resistance level when you are below it
SPX, QQQ comments
Posted by matt on 12th of Oct 2023 at 02:10 pm
price also stalled exactly at that ATR on the daily, lined up perfectly with other resistance levels. Now what the 'bulls' hope for is price to form a higher low - watch the ATR on the smaller time frames, there's still room on the downside but they are approaching
And on the QQQ daily - price tagged the channel line, rejected off. But also notice that 60 Stochastic, was at that 50% level, which is a big resistance level when you are below it
Or it could make a
Posted by frtaylor on 12th of Oct 2023 at 02:17 pm
Or it could make a lower low to complete a larger 5 down, with these last 3 days being wave 4.
Yep interesting to watch just
Posted by srusso1 on 12th of Oct 2023 at 02:22 pm
Yep interesting to watch just like a campfire Burning
That's why i was waiting
Posted by srusso1 on 12th of Oct 2023 at 02:14 pm
That's why i was waiting for pullback Last night newsletter. Thanks Matt and Steve.