DJT 30 min and the low double top is proving a menace. Yesterday's close was right on a 23.6% retracement of the move down from THE high to last week's low. The open looks like it will be aweful and so perhaps a move to retrace 50% of the move up, which would also be a 61.8% extension of the move down to Tuesday's low (not the most recent swing low but the one before - projection not shown on chart). If DJT hit that spot (4494) the same time ES hit the spot on the prior chart and they both turned, that would be further confirmation of a temporary low. There has been no space between swing highs and swing lows to no evidence to see this as a fast move down, yet.
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- martis's - welcome to my nightmare - thursday
martis's - welcome to my nightmare - thursday, page-60
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