Things are playing out pretty well. Caught in the flag still but not for long........ while I do think we need a little wake up call to the bulls, like a nice beating, I am not sure if we begin that beating tomorrow or next week. We may just close a little sideways and down tomorrow to somehow finish at the 451s? Have no worry though...... next week can end up being a very, very fun week! I know a few guys, whether just inexperienced, using VWAP and Moving Avgs on their charts.. whatever is going on with them thought they would be slick and load up long and they got hammered today. Hope they are ok... I know one guy did go long (not referring to him in the above) and he quickly got out of his long position. Seriously, that is to be applauded. Stubbornness and failure to admit you were wrong in this game can cost you big especially with the move that is about to happen.
Tap, Tap, Tap, Break!
Tap, Tap, Tap, Break!
Note
I did leave a hint at the end..........
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Disclaimer
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.