miss your activity bro but we all know you have a life! Thanks

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hasn't been able to break that range bound resistance from yesterday that became support today. Hmmmm..... image

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this is a move that reminds me of when i was a newbie back around 2008ish. I would be in a short, get stopped out. It would break a resistance then I'd jump in long (because I didn't want to miss the move lol) only to see it come back to where i was ...

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Just a simple view of the daily. To me, I see no reason why it cant go to the 6500-6800 area other than announcements. Just another point of view. image

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Ata's LO to LO TL (hyphenated blue line), the hourly TL have held so far but definitely getting challenged at the moment. FOMC in a few hours so I will keep sitting on my hands unless a trade develops for my taste. image

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Thank you!

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Thank you Patience..

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especially home data..

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break or hold. we shall see. I am on the sidelines. Congrats to those who sold the 6200 level. I did not. I wanted 6400 level (one of those SL spike types) image

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went ahead and took 1/2 off my long at 6200, not giving that back. SL now at 6030. I just like to bank what I have and move on. No stress is the best trading. It actually clears my mind and i see other trades better. I may re-enter at my full trade ...

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I am not short just yet. I hate trying to pick tops. Waiting on LH's and blue TL break. image

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looks like i am late to the bull party, overslept... oh well, I will wait for the next lower set up or break out...

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Retracemment to the 5400 - 5500 area?

The Swamp

i actually closed a small buy I had right after that break because it started sputtering at that resistance level again. Fortunately i had a buy stop just past yesterdays high. kudos to you!

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wow, walked away, came back and my buy stop at 5445 for 2 lots got destroyed (in a good way). already closed 1/2 my position at 5645 (not giving that back) and SL at BE..

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Thanks Ata

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Good morning Ata, did you post a chart?

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wow.. this normally doesnt happen at this time ... what a spike..

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would love to see a pullback to 4600 area then 5400 area

The Swamp

I am far from knowledgeable about EW's. I was seriously just asking for my own knowledge. Thank you for responding!!

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