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Broke out of the falling wedge.:smile: Now see if we can break out of the channel:We should break to the up side of this falling wedge but will news ever let us do it:![]()
I'm liking it...but not trusting it. Too many positives today and we are only seeing this little move. Bad News Weekend is my guess. Unless the market is trying to price in the bad news? And weigh it against any 3rd stimulus that gets passed Monday? VIX is coming down but I want it under 50, on a fast drop, before I trust it to not climb again. Lots of balls in the air...not mine though; figuratively speaking of course, mine are hiding till this crap shakes out.
Added 200 Day:As always trying another bottom box::cheesy:
Maybe working. I thought we might break above the box:As always trying another bottom box::cheesy:
I am glad we broke out of the channel and bottom box and stopped to rest befor trying the Dead Cat Bounce line::smile:We did break above.:smile: I guess the deal fell through because Futures popped from positive to negative.
Now we are even above that:I am glad we broke out of the channel and bottom box and stopped to rest befor trying the Dead Cat Bounce line::smile: