dax, page-87

  1. 8,720 Posts.
    lightbulb Created with Sketch. 81
    Yes agreed HF. The way I figure it is this:

    If the jobs data come out better than expected (whether manipulated or not) we will see another push higher, but if it comes out worse than expected I think it'll be the final confirming trigger for the retrace that has to happen.

    My own view is that whichever way it goes the upside potential in the short term is much more limited than the downside (retrace) potential, so if not now, then the retrace must happen soon.

    I'll be happy like most others to wait to see what happens tonight before entering into a serious position, but in the meantime I'm enjoying some scalping action, which has been pretty good in the last couple of weeks.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.