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.
Weekly Williams has not bottomed. Price continues to be bearish below that 2036 area.
http://scharts.co/163d52m
5 EMA continues to provide resistance entry points below the 51 EMA.
http://scharts.co/1BdtSfr
IMHO. I do have a bullish cycle low potential week of Feb 5 (just a potential), so am watching some indicators but trend is not up yet, so no need for me to front run.
Weekly Williams has not bottomed. Price continues to be bearish below that 2036 area.
ReplyDeletehttp://scharts.co/163d52m
5 EMA continues to provide resistance entry points below the 51 EMA.
http://scharts.co/1BdtSfr
IMHO. I do have a bullish cycle low potential week of Feb 5 (just a potential), so am watching some indicators but trend is not up yet, so no need for me to front run.
Hope all is well.
Under bearish analogs we should get 7-8 weeks of sell before first multi week 3-5) bounce. That puts us closer to Mid-Feb.
ReplyDeleteI will stop trend trading off that analog above 2035, and play it below.
FWIW
-SJ