Wink
Nice work and hence why caution here too, thanks for sharing.
Jesse Livermore always used to close positions leading into a long weekend and given is bias was generally short, then that agrees with your JB thought.
If anything a rise will only be via the staircase, and the decline is the elevator.
In projecting most of those targets I mentioned, I have used the smallest ranges which indicate that I too think the market is fearful and weak still.
Regards
Rob
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weekend charting 13/14 feb, page-112
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