Downside continuation for sellers after preventing the buyers from regaining acceptance within yesterday's upper distribution. The sellers remain in short-term control as long as the daily OTFD is intact.
Great! The fibs for the year night to year low gives us 38.2% at $4068. Watching for 50% at $4024 if sellers remain in control. Thanks for sharing your work with us.
Thank you for all the great work you are doing! Very professional and consistent! Learning a lot from you!
Great analysis as always. I am curious what VIX you use. I use the futures continuous contract and its nowhere near 17.
Question please: on days such as these do you ever take counter trend moves or simply wait for entries to the down side?
Great! The fibs for the year night to year low gives us 38.2% at $4068. Watching for 50% at $4024 if sellers remain in control. Thanks for sharing your work with us.