See chart.
Comment:
long worked, because pattern :)
Comment:
We now have a night bull flag that stopped at some very strong resistance. I'll be in cash from here until this gets resolved.
Comment:
1. Intent at open. 2. Intent after open. 3. Intent after breakfast. 4. Intent after lunch. 5. Intent at close. They tell you their intent. All day. lol.
Comment:
SPY 1 hr bearish engulfing, i'll start building a short position here. Stops in place.
Comment:
and the 1st mouse that try to get the cheese is likely to get trapped
Comment:
imo 100 ema is a good target as it covers the big gap too, stops in place
Comment:
OK. I'm covering the short here. No strong enough momentum to take this down with conviction atm, imo.
