JTH
TSP Legend
- Reaction score
- 789
JTH, did you take into account the bearish P&F pattern you posted yesterday. Reason I ask is because the price objective is SPX 1791.58, and I would be having lots of trepidation with the bearish depiction of this chart. Obviously, you must have a good reason to think that this chart is not immediately threatening to capital preservation; but for the sake of getting a better understanding, I will appreciate some guidance from you. Tia.
Honestly, I don't trade much based on the PnF, mostly just use it for observation purposes. I was on the road last month and am just getting settled back in, so it will take me some time to get re-adjusted to the market's behavior, in the meantime, I haven't made any exits because I didn't want to lose performance against them while I was away.
Hey Jason, did we just see three white soldiers again?
Last time that was a pretty good sign!
Looks good to see a snap-back from the previous reaction, nice catch.
