The way dax is moving it could still fall off a cliff tonight but as mentioned above it is already 6 days red so was very worried about shorts . But when u get 300 point daily bars I find it very hard to trade as I don't trade momentum and look for my particular intraday set ups of x points .
Mclaren uses 4 days as a guide on yanks , From memory, and below 4 days is change of trend ? but there is also a logical amount something moves in a straight line whether days or points .
