Tuesday, June 07, 2016 4:54:05 PM
a regular thing, the opening pop and drop. and the "wash"trades as some folks like to call it.
unpleasant to watch .but for the picture on the swing chart patterns,this 4.80 is a resistance area, I expected to see this kind of resistance.it started the other day at 4.70. Every step or two up ,can get slammed down like thgis. from here to 5.70...every step of the way.
I think ,within this game,of two steps up/two steps back,,,will come the swing patterns....
Such a strong Failure today at the 4.80 target turns the bullish momentum bearish again in my view. we could see 4.32 again before we see 4.92.
dont get nauseous on this roller coaster ride.
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