3 days rule is usually a good start for me when something gets whacked like this  ... then waiting for a bottoming candle to form ...  but i'm sure they'll be happy to provide proper coverage if you get injured catching their falling knife   

       Totally I'm entering with a

    Posted by DigiNomad on 2nd of Apr 2024 at 01:31 pm

       Totally

    I'm entering with a 1/3 position planning to add into additional weakness , but not until I at least get a trigger on the 3 min...which hasn't happened yet.

    At the end of the day, UNH is still a Gov mandated, mostly Gov funded money printer. 

    UNH - textbook trap so

    Posted by DigiNomad on 2nd of Apr 2024 at 01:40 pm

    UNH - textbook trap so far.  See the volume that came in on that last low?  Those bears hurting already...for the moment anyway. I'm long.  

    UNH - this doesn't suck...but

    Posted by DigiNomad on 2nd of Apr 2024 at 02:53 pm

    UNH - this doesn't suck...but of course I'm rethinking my 1/3 position now. 

    and that cycle indicator kicked

    Posted by matt on 2nd of Apr 2024 at 01:41 pm

    and that cycle indicator kicked in right at the low where price bounced off of

    Yep, I didn't use it

    Posted by DigiNomad on 2nd of Apr 2024 at 01:43 pm

    Yep, I didn't use it this time because I was hunting an exact price volume pattern, but it's one of my favorite overall indicators. 

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