XJO
The fall feels particularly contrived/manipulated. Also, check out the last massive red Vol candle - just as they want it.
1. A hammer candle;
2. a bounce into, and precisely through, the "nearer" Demand Zone (at 6200'ish) which I think means that zone of demand is now exhausted;
3. Demand Zones lower (just above 6000 and another just above 5400) left fresh for the future floor(?) of the dead cat bounce
Thoughts? Particularly on the extent of this bounce up? 6600'ish?
Here, I'm opportunistically
tagging some posters I find to really know their stuff (even though I don't always fully understand the deep technicals of some of their posts).
@Jako8557 @5speed @Patterns @highlandlad @demoniaco @valvesound
