About an hour into the session yesterday MC fell to approx 55 mil.
Here was my worst case scenario playing out.
An hour and a half later MC had risen to circa 61 mil as buyers starting hitting the offer.
We closed on the black line, I could not have faked it better, now price just has to inch up from here and pull us back from the abyss.
As I write, intraday offshore the DOW has rallied 791 points with the Global X putting on 4.25% subject to the close.
I am expecting a higher close for AGY today.
The plot shows where price dipped below the LT support then was rejected as being oversold. This thin red line known as a lower shadow shows buyers grabbing what they thought a bargain, time will tell.
IMO DYOR
Good luck
2020 Charts, page-290
-
- There are more pages in this discussion • 714 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
