So Monday the top, then 3 days corrective ???. I did intially earmarked wednesday as day 3 however monday was the high.
So wishing to go long will suggest i look for entries monday here as will the teddies be looking for the elusive lower swing top.
Consensus says we are going lower here, mmm i will trust the chart and the gut says bully not finished partying just yet
Reality - well its still asleep so be quite LOL
I feel for short term RIO traders if they are on the wrong side of this manipulation. I think scrutiny is required here.
DJIA last night expected the bounce or pause day, although was thinking around the +100, would be thinking it will come back to the lows and then head north again tonight. Being 4 day corrective for them if there is stilla bull and continuation of the trend tonight will need to be up.
Break of 8200 will commence a possible 2 week sideway/lower pattern.
The high was 64 days from the low ( key date ) and if the bull goes from here again then look at 80days as there reversal and the end of there trend.
Dont have charts this mornign to give you dates
Trade Safe
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