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Strategies & Market Trends : TRIPLE TRADES
OPEN 6.170-5.8%9:58 AM EST

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To: Bull RidaH who wrote (294)12/29/2020 1:17:35 PM
From: robert b furman  Read Replies (1) of 4396
 
Hi Bull,

Can't help but wonder if we roll over here.

Getting heavy from its own weight.

Margin is up

Shorts are up

If 3269 is the end of A(closing on 10/30/20).

Could today's high (3756.12) be the end of B an irregular flat?

That would leave an ugly C wave that would need to go below the obligatory 3233 ( low of A).

Beginning to dislike irregular flats - unless they become running flats they are historically fast in destroying wealth.

Not to mention outside reversal; days do that too!

I just get nervous when Macd starts TO ROLL OVER, as rsi,fast and slow stochastics begin to join the party.

Either way, I'm hoping your numbers hit like you say - it is a good set up.

I'm talking a little trip downstairs to find where I stored that harpoon along with my sharpening stones and oil.

Always prudent to be prepared ya know.

Bob
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