I posted yest that Thursday is usually a V day although I wasn't expecting it in reverse which is how it looks at present .
The last 5 Wednesdays have been wide ranging down days and Thursday often a lower low but a v recovery . Not always but often .
Today feels like crap so twice in this sort of day we've seen a fake break after lunch . The first time was up then it got slaughtered down into the close . The 2nd was a fake break down then reversal up to a higher close .
Today should be a higher close than the open so am expecting a fake break down after lunch but all based on prev days and it is NOT DEFFINITE and it maynot work .
cheers ge
ps; if i can see it or feel it happening I'll yell out but note I find it impossible to trade when it happens as it defies normal ma/ rsior mechanical logic .
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I posted yest that Thursday is usually a V day although I wasn't...
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