8367 - the magic value.
Updated
This is probably the most important value
one should consider in this position...
The nature of algorithmic trading makes
this level very important for a
wave model analysis.
See the charts below...
one should consider in this position...
The nature of algorithmic trading makes
this level very important for a
wave model analysis.
See the charts below...
Comment
I'm saying that there's a very high probabilityof bouncing between 8300-8400 right now.
Get it? See this:
Comment
8430 - most common bearish algos are set to sell below this level
Lsell = (8400-1/4[1/3]*100)...
*see the redactions... in the chart)
Comment
*to sell ABOVE, of course, SORRY)Comment
Anyway, 7.7k is possible; 8300-8400 flat, then pump on Monday is possible too. Indecisive market this is.Comment
Has the corr. ended? ask this chart: Comment
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