Post
Topic
Board Speculation
Re: rpietila Wall Observer - the Quality TA Thread ;)
by
mmitech
on 26/02/2014, 11:47:26 UTC
The move has been stunted for the night. capped by 610, I think we will test the 500 level again. this little bull run was too steep.

I actually did sell some, hard to believe it has steam to raise above 600 now. The train is not leaving anybody, but the tide has turned. 500 here we come!

just make sure to not ignore the 1d chart, indicators are showing that there will be a crossover in a couple of days with high volume it could be a nice reverse, I made a fine profit from yesterday and I am not risking it for few % ...

we were in a long bear market, this could turn out to a long bull market in few days, of course there will be waves, allot of them, but I am not risking this one...it just not worth it...