So the banks have enough people caught long that they don't even Judas it up. Nicely played.
I saw the Type II divergence and almost wanted to go in strictly off that but really wanted to see price climb first because without the climb there was no USDx divergence.
Very little SMT.
The tools work, they just didn't point to an entry this time. Was correct about price falling today. Currently at 2673 with the January low in sight.
We already hit the ADR on the fiber and cable so a NYO retracement probably isn't worthwhile. Currently the aussie and kiwi are falling pretty good so I'm thinking it is unlikely they will retrace enough for a good entry.


No comments:
Post a Comment