Bear gap, mid range, 1P, WfBO LOY, SA, BB, CXT, bear CH, L3
daily chart
Always In Short (AIS) since today
Srs at COY and the OOD
bulls B the Fibonacci levels of last week’s swing
for NinjaTrader® – Forget Squiggly Lines!
Continuation, SA, L2, bear MC, WfBO LOY, LL MTR, CXT, FF
large fH2 at 2500, Brs 10 pts above the 2400 round number got risk/reward >1
bulls were not able to terminate the bear trend after that possible LL MTR (WfBO LOY), so we got a bear CH into the close of the day (resumption)
daily chart
Always In Short (AIS) since 12/06
bears S the COY for a BP short, mDT with yesterday
almost 200 pts for the range of the week and close on low
might be some kinda temporary exhaustion
Bull gap, mid range, OR, 1fBO, 3BR, fH2, XT, 1W, TRI, fBO TRI, DT, fH2, 1tF BT, mDT, WfBO LOY, HL MTR, LL MTR, LH MTR
see also my comments from earlier today
daily chart
Always In Short (AIS) since 12/06
FT for the bears, 5 bars down, but still a close above the low of the year
aggressive bulls see a mDB
Continuation, OR, 1fBO, 2fBO, WfBO LOY, LL MTR, fL2, DB, L3, XT, fBO
there was a possible LL MTR, but you have to view everything in context
here a wide bear CH, which probably makes all poss. reversals fail or scalp only
daily chart
Always In Short (AIS) since 12/06
the BP triggered short, probably more dn (e.g. a MM of the signal bar)