AI
Sunday, September 30, 2018 4:16:54 PM
I know holding longs hate to hear it, but yeah, I hope this baby has a dumpster fire this week like we haven't seen for a while.
Everything aligning for such nicely.
The classic island pattern isn't setup until we get some red candles... 3 or more, along with declining volume(maybe) leading to the gap down. So anyway, just one possibility that the chart seems to support at this moment in time.
Another way to read it is that the green candle with the fairly long bottom wick that we got friday could be the "bottom in" candle.
Trend buyers would then be looking for increasing volume and a higher close tomorrow which would then tend to confirm it's going back up more than the gap down thesis.
Bottom/dip/crash buyers are looking for 3 or more days of downward consolidation, and then:
#WhatHappened?
#SoCrazy
#GapTheory
Everything aligning for such nicely.
The classic island pattern isn't setup until we get some red candles... 3 or more, along with declining volume(maybe) leading to the gap down. So anyway, just one possibility that the chart seems to support at this moment in time.
Another way to read it is that the green candle with the fairly long bottom wick that we got friday could be the "bottom in" candle.
Trend buyers would then be looking for increasing volume and a higher close tomorrow which would then tend to confirm it's going back up more than the gap down thesis.
Bottom/dip/crash buyers are looking for 3 or more days of downward consolidation, and then:
#WhatHappened?
#SoCrazy
#GapTheory
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