last week was a bearish engulfing candle,suggesting more downside
IF we bounce (too many shorts,Moe Gamble's post below etc) maybe this could be the map....Daneric's chart with my annotations
IF we bounce (too many shorts,Moe Gamble's post below etc) maybe this could be the map....Daneric's chart with my annotations
Hey CR, I especially like the second chart.
ReplyDeleteThere is certainly a little gap area in the low 1650s, but that might take 2-3 days to hit.
Not going to be easy for those bull maniacs to ramp in the face of so many September issues.
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Regardless, looks broadly okay for downside into the next FOMC.
you mean you prefer Daneric's chart to mine ? I dont know what to say :-)
ReplyDelete