Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 690.27

+0.3%

Dec 24 4:00 PM EST

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To: Horgad who wrote (149267)	9/30/2020 3:25:32 PM
From: GROUND ZERO™	3 Recommendations Recommended By 1849 Horgad JMTrader of 220619

Today is a very good example of a failed buy wiggle, so far anyhow, this market could still rally into the close... But, I said earlier that the odds of completion are low and one could actually fade it... This is exactly what I did today, I dumped all my long positions and took a short SP expecting the pattern to fail since failure of this pattern is always very high... And now I'm short and holding a good profit in this new short position... Today is really a gift, a great opportunity to witness what a failed wiggle pattern looks like... GZ

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