friday fumblings, page-87

SF

Now have one day into bull mode.

I need a second higher close to confirm

This of course is the best pace to short as can only have one day against and may be a reversal as often is.

I have mentioned that this first retest of a whether a bear or not is frequently a whipsaw and I haven't been able to eliminate that from my setup.

If a whipsaw the moves are usually minor and I will take them regardless.

MACD's are positive but can be reversed. A neg xover should be traded agressively.

RSI's are also positive on some although minor but more important.

Time is suggesting watch out for rally top.

That cycle low on Nov 22nd has been important and good for last 3 out of 4 so no time to be fixated about position.

So I am bear biased at least for another day but willing to play a nearly neutral bias intra day and then I will see.

The yearly target was reached and XAO 6900 seems very important.

Maybe year end matches the Nov 1 high, maybe.

All good fun, so we will see.