Markets aren't supposed to work like this so if it takes out $9,700 I'm out.
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JUST AN UPDATE POSTED ON LATER UPDATES IN CASE YOU ISSED THEM -10 hours ago - Comment: Looking at my 2 hour chart with the market at $8,758.7 I could go long with a stop loss at $8,560. but signal not yet confirmed just a hunch.
Just now - Comment: This idea on the 4 hour chart has closed out at $9,700. My usual way of studying MACD looking for a crossover down followed by a first trough in the bars which remains the lowest trough before the next crossover back up as a signal to track, looks still good. That's what I saw developing this morning on the 2 hour chart.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.