A break above the poor high would confirm that the selling pressure was failing to gain traction. Buyers were able to absorb the aggressive selling for a few periods, but ultimately got exhausted. The main thing was the we had two consecutive trend day's to the upside, and with another gap up on top of that, the exhaustion trade was attractive for at least a liquidation.
A break above the poor high would confirm that the selling pressure was failing to gain traction. Buyers were able to absorb the aggressive selling for a few periods, but ultimately got exhausted. The main thing was the we had two consecutive trend day's to the upside, and with another gap up on top of that, the exhaustion trade was attractive for at least a liquidation.
Interesting today as es formed a poor low above 4000 and got resolved later. Fantastic 65 smashlevel and those vwap trades! Havent read todays plan yet but man! Thank you master smash!
A break above the poor high would confirm that the selling pressure was failing to gain traction. Buyers were able to absorb the aggressive selling for a few periods, but ultimately got exhausted. The main thing was the we had two consecutive trend day's to the upside, and with another gap up on top of that, the exhaustion trade was attractive for at least a liquidation.
Interesting today as es formed a poor low above 4000 and got resolved later. Fantastic 65 smashlevel and those vwap trades! Havent read todays plan yet but man! Thank you master smash!