Short Term Trading Member Forum

[Ayock]

denmo83

Thanks for the comment...even a broken clock is right twice a day...looks like the low 2080's were only a pause on the way continuing down. The entire move from 2378 is over 300 points so a +/- 3%% margin for error still works for me. A small throw-over is allowed so the closing number is what I'd run on for today.

I've got a corrective guesstimate number based on the LOD if we can hold here. I'd like to see any downdraft VTL broken to the upside to give another sign of the turn if there is going to be such a thing...

I do see that the next move up is only corrective. Beyond that is gets more ugly.

At a greater degree, we may be starting a W2 correction of the entire move from 10/9/02 Low of 1112.

humbly
A