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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Rarebird who wrote (13720)5/18/2022 11:41:31 AM
From: Kirk ©  Respond to of 26845
 
Well, one is filled and it is making a good attack on the second and last.
Not necessary. All that's needed is a corrective retracement such as, 38.2%, 50% or 61.8%, etc( once the short term high is in) and then a rally above the most recent high to confirm a bottom.

Tagging it is sometimes "good enough" especially if they want to leave folks behind but these bears ARE persistent.

Maybe it will settle for 50% with one fully filled and the other close enough...