This is everything I was talking about yesterday-letting the trade (price) come to us, waiting for the short term charts to turn negative as a timing mechanism.
Right now the QQQ charts on EVERY timeframe from 1 min to 60 min are negative, of course all to diffrent degrees, but this is essentially what I was looking for to happen.
I'm sure the other averages are similar, I just am looking at so many charts that I haven't seen those yet and wanted to get the information to you as fast as possible. I'll get a market update out ASAP,
THIS IS EXACTLY WHY I SAID TO START PLANNING YESTERDAY FOR WHAT YOU WANT TO CLOSE AND OPEN AS THIS WAS LIKELY TO HAPPEN QUICKLY
5 years ago
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