James,
In no way is my system conventional, since I developed myself, and I have never been accused of being conventional my whole life.gggggggggggg If you knew me, you would agree.gggggg
My short-term system, specificly, is much more based on time, when almost all systems are linear(price movement). Hypothetically, if the NDX was to drop another 300, 400, 500,etc points today - as long as it closes today at/near the lows, my system would still be calling for a bounce on MON, latest TUE.
My longer-term systems are more conventional and linear in their approach.
So even if your supports of 3840 and 3750 are broken, as long as we close at/near the LOWs I am still expecting a bounce Mon/latest TUE. |