we now have a confirmed lower high on the US indices. Gann said the first lower high was the safest place to sell (with a stop just above it)
The Dow setup was the failure at the 70.7% harmonic retracement combined with negative macd divergence
(this is a 4h chart I posted live at Danerics.The 40 sma break was the trigger)
NYSE chart from Kimble :
The Dow setup was the failure at the 70.7% harmonic retracement combined with negative macd divergence
(this is a 4h chart I posted live at Danerics.The 40 sma break was the trigger)
NYSE chart from Kimble :
No comments:
Post a Comment