MURICO.com Forum

Re: DH, my momentum indicators

are suggesting this 5 day move off the bottom has momentum starting to falter. That does not mean it has to be done and over, may just be taking a breather to suck in a few sellers to build another round of stops to blow with a retest of yesterdays high. At some point it also needs a retest of last weeks low. I took my profits from the south pair I snagged yesterday and went home holding 1 long Oct @ 94.70 but making a nice deposit for 2 days of fishing. I don't have a solid setup to cast my lines on the north end but I do have a pair set on the south end @ 94.60. Now I sit and wait for the market to decide what to do next.

Messages In This Thread

The Final Purchase Index for - - -
Re: DH, my momentum indicators