Monday's Market Surge: Head-Fake or the Start of a Real Turnaround? [View article]
Until it rises above the two most recent highs it is still in a declining range, which could be a bull flag... or take the last twelve days and that could be forming a bear flag. I have done what you have done here so many times only to be dissapointed.
You can jump in for quick trades or wait it out. I think the market wants a rally but I think it would pick up a lot more steam once it tests this most recent gap window for support and finds it. I think we could have a nice rally in to the options expiration theatrics of volatiliy.
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Until it rises above the two most recent highs it is still in a declining range, which could be a bull flag... or take the last twelve days and that could be forming a bear flag. I have done what you have done here so many times only to be dissapointed.
Dec 09 08:27 am
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All Comments by je »Monday's Market Surge: Head-Fake or the Start of a Real Turnaround? [View article]
You can jump in for quick trades or wait it out. I think the market wants a rally but I think it would pick up a lot more steam once it tests this most recent gap window for support and finds it. I think we could have a nice rally in to the options expiration theatrics of volatiliy.