Pretty Much Nextllevel,
Having been bitten by the market when my conviction is not matched by the market's action, I am somewhat reticent to say "it will" or "it wont".
Aaaaaand despite my great desire to be lauded for making awesome calls n stuff, ya gots to remember that this post and many others on HC are read by people who are not necessarily experienced traders.
Should for instance, someone go short based on the information in my post, I can only hope that they are reasonably prepared for the trade to go against them.
I'm not making book here, just passing on what I see, and if what I see and interpret comes to pass, then maybe someone will remember it and next time a similar setup occurs, they will have a little jump on the markets and a slightly greaater chance to make gazillions of bucks and send me a Harley.
LOL!
;)
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