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Strategies & Market Trends : Humble1 and Swing Trading Friends

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humble1

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To: rdkflorida2 who wrote (40556)	3/26/2025 5:23:45 PM
From: Lou Weed	3 Recommendations Read Replies (1) of 41041

Here's what I'm seeing from a price action perspective FWIW. I've learned not to predict - I just follow what's in front of me. We've been in a bull trend the past 2 weeks (arrows showing higher highs, higher lows). It's a bull trend until it isn't. If or until we close below 558, this bull run remains intact. Only then will I turn back to a bearish bias. I agree that the next few days are crucial. I'd like to see us close that gap and then turn upwards but the market could care less what Lou wants! I'll follow the market's price action. A close over 580 in the coming days would definitely be a good sign as that would be just above the confluence of the 200sma and a couple of very important VWAPs. Time will tell......either way, I'll be ready :-)

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