ANOTHER WEDGE :) - WAIT FOR CONFIRMATION TODAY
Another triangle on the chart (this one is a 30min). Broke out of the red wedge bullishly as I anticipated in my post 2 days ago. Not sure how today will go. My gut says bullish and and upwards break today.
The news really impacts this volatile market. I don't give much of a crap for it, but at the end of the day, some b.s. news about trade tariffs could come out today (like last week) and send the market ripping up to the 270 range (the red circle on the chart - which I think is the highest we could go before a solid pullback).
Overall, I'm still bearish and expecting a pullback to the 255 range. Regardless, adapting to both sides of the move is key. Can't just get caught up being a bear or a bull. Play both sides and adapt.
You can't predict the market. Let it go where it wants, and follow along for the ride :)
THIS IS NOT TRADING ADVICE. I'M NOT A PROFESSIONAL.
The news really impacts this volatile market. I don't give much of a crap for it, but at the end of the day, some b.s. news about trade tariffs could come out today (like last week) and send the market ripping up to the 270 range (the red circle on the chart - which I think is the highest we could go before a solid pullback).
Overall, I'm still bearish and expecting a pullback to the 255 range. Regardless, adapting to both sides of the move is key. Can't just get caught up being a bear or a bull. Play both sides and adapt.
You can't predict the market. Let it go where it wants, and follow along for the ride :)
THIS IS NOT TRADING ADVICE. I'M NOT A PROFESSIONAL.
Comment:
Currently spiked up this morning to the 266 range