Retail sales miss | 9150 9190 resistance | 9107 9077 support
57 minutes ago
This is intended to be a forum for me to post chart ideas and hopefully receive feedback and stimulate discussion.It is not intended to constitute investment advice.
Hi,
ReplyDeletewhat could be the next move after today's 6% down,we've already reached your price target (180-185)
best regards Witold
today was a bearish power candle so I wouldn't be trying to pick a bottom.Would trail a stop if short above todays high and wait for a reversal candle before considering any longs
ReplyDeleteWill try and update the chart tomorrow
Hi,
ReplyDeletetoday's bullish price action is supporting possibility of trying to pick a bottom
Witold
today was just an inside day,(harami) Best to watch the 50-61.8% retracement "box" and wait for it to reverse out of it
DeleteWednesdays candle has turned me more bearish although we might bounce first
thank you
Deletechart :http://www.screencast.com/users/domaran
ReplyDeleteThanks. I think it wants to rest your blue line. We'll see
ReplyDelete