IF YOU WAIT FOR "THE PERFECT TEXTBOOK PATTERN" TO PLAY OUT YOU WILL NEVER TRADE. ALTHOUGH, UGLY VOLUME DOES PLAY OUT AND HANDLE HAS BEEN HOLDING - JUST NEED THE BREAKOUT!!!
3 ITEMS TO NOTE:
1.) WE HAVE NOT HAD A LARGE ENOUGH
RETRACEMENT FROM THE DUMP. WHERE IS
WAVE B????
2.) US DOLLAR INDEX CLOSES @ 5PM TODAY &
DOES NOT OPEN UNTIL SAT 6PM NEW YORK
TIME. SO, NO PESCKY DYX INDEX TO BREAK
MOMENTUM
3.) MARKET TOO CAUTIOUS AND LOOKING FOR THE
GAP TO FILL. THIS HAS LED TO ALOT OF SHORTS
FORCING A SHORT SQUEEZE TO TRANAPIRE
ENHANCE THE RETRACEMENT.
3 ITEMS TO NOTE:
1.) WE HAVE NOT HAD A LARGE ENOUGH
RETRACEMENT FROM THE DUMP. WHERE IS
WAVE B????
2.) US DOLLAR INDEX CLOSES @ 5PM TODAY &
DOES NOT OPEN UNTIL SAT 6PM NEW YORK
TIME. SO, NO PESCKY DYX INDEX TO BREAK
MOMENTUM
3.) MARKET TOO CAUTIOUS AND LOOKING FOR THE
GAP TO FILL. THIS HAS LED TO ALOT OF SHORTS
FORCING A SHORT SQUEEZE TO TRANAPIRE
ENHANCE THE RETRACEMENT.