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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (86000)8/30/2019 11:03:20 AM
From: HairBall  Read Replies (3) | Respond to of 99985
 
ajtj99,

It is early yet, but the NYA & SPX look to be forming bearish daily candles. If so, recent price action will have been a lure. What do you think?

Regards,
LG



To: ajtj99 who wrote (86000)8/30/2019 11:41:21 AM
From: Qone0  Read Replies (2) | Respond to of 99985
 
You left out AB=CD in ES It was a thing of beauty. <g> SRPT does not have a W in it yet. I circled two in it chart. The RSI to bounce then come back down the trade is placed at the second drop in RSI.

Its a drug company that has a drug blow up. It can track along the bottom for a long time.