A bounce is long overdue. And there will be a nice bounce. Markets are short term majorly oversold.
The question though is whether it'll be a bounce that will be followed by another sell off to lower lows or will it be a bounce that will lead to new highs (1120 and beyond) in the short term.
I am sure looking forward to seeing how this one works for you, Carl. Awesome site here. I absolutely love these charts that you post. It offers us perspective. I believe in ranges. I think your range boxes help me visualize these moves in the Emini. Fantastic and thanks for the work on your part.
2 comments:
A bounce is long overdue. And there will be a nice bounce. Markets are short term majorly oversold.
The question though is whether it'll be a bounce that will be followed by another sell off to lower lows or will it be a bounce that will lead to new highs (1120 and beyond) in the short term.
I am sure looking forward to seeing how this one works for you, Carl. Awesome site here. I absolutely love these charts that you post. It offers us perspective. I believe in ranges. I think your range boxes help me visualize these moves in the Emini. Fantastic and thanks for the work on your part.
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