We've got that downtrend line though that we have to deal with shortly. Hopefully not an issue.
1 out of 3. --Not bad--
Still waiting?
We have not entered into a bear market as of yet.
Out 2496.00 for 94 pt gain.
We did get the 14 pts. Likely we'll need to pullback a little overnight or trade sideways for a bit.
Now-THAT is what I call a great RTH close. Let's see if we can expand more into 5 PM. We'll touch the downtrend line in 6 pts.
2500 certainly coincides with the downtrend line. ---But trendlines can be broken.
A pullback to around 2460 and then a late drive higher is in the cards.--- all the way to 5 PM.
Interesting how wrong I was there----The stronger resistance was 28 and we blew through 45 like Oklahoma.
We have now taken out yesterday's high. Likely another 14 points or so to go before EOD
For example, in my view, it's probably best when trading the 5 min bar, to go off and do something and come back at 4 min 45 seconds and review....
I believe that what gives a lot of folks trouble is that they don't wait until the end of a bar to make their entry or exit. Yet when people are...
Yes----I fully believe the real test will be 2530.
The board quiets----
I like the idea.
Staying long here even with the 1 min chart screaming sell.
Unlikely that we will trade below 2396 the rest of the day.
There's the 28 resistance. --let's get thru it---Ish
Might get a little resistance at 28 but 45 is the real area that could cause a slowdown. Staying long
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