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gburgin

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gburgin

Re: 123tom post# 101519

Tuesday, 04/18/2017 12:54:13 PM

Tuesday, April 18, 2017 12:54:13 PM

Post# of 461257
"the powers that move price know where they intend to take it."

If the "powers" really do have power, they can take any of the TA support and resistance levels (e.g. 50DMA) and cause "fake" sentiment changes via brief violations of those levels to either get people to sell or buy to their own detriment. I wonder how many sold today when the 50DMA was violated. Now its back above that level.
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