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Author Topic: I see a dump approaching, do you?  (Read 817 times)
STT
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February 04, 2020, 12:50:45 PM
Last edit: February 04, 2020, 01:30:38 PM by STT
 #81

Here you go dump watchers, stole my nephews best crayons for a sketch.   Put down your scythe for a second, take off the grim reaper hoodie as its possible we are within or forming something of a bullish channel.  
  This is only a rough idea, I'm not especially happy with the regular boundary but I dont see enough info for weekly bars for the moment.    I think a sell off is within reasonable odds just down a relatively small amount but if we stay within a channel like this it can give us another higher high 10k or beyond.   Thats enough of a bounce and close of short attempts, etc.



A break of this trend however would be nice to capture on the downside, obviously the trick is to find the snake and ladders moments.

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