Markets aren't supposed to work like this so if it takes out $9,700 I'm out.
Commentaire:
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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.