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Re: zero182 post# 137787

Thursday, 09/24/2020 5:52:40 PM

Thursday, September 24, 2020 5:52:40 PM

Post# of 147322
I don’t think reclaiming levels matters as much with this much volatility. Staying above 110 def helps psychologically, but what helps more is when side-liners see upward momentum.

We dropped from high, but EOD sell-off got reversed, and hard. That tells me people will start thinking the bleeding may have stopped and the inching up will start.

We can’t close near HOD every day. But continued selling into the close would’ve clearly signaled the selling’s not done.

Just my two cents, no TA involved. Let’s see what tomorrow brings. Thanks for the thoughts, and best of luck to you.

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