Short Term Trading Member Forum

[techcharter]

HamVestor-

I focused on the bear market bounces, not the size of the downward movements leading to the gaps down. Judging by tonight's futures, the SPX will be closer to the 50% bounce of last weeks selloff, so there is a good chance of a buildup of waves 1-2 of several degrees before the gaps down. That gives you more time to trade before making a deposit in the First Local Bank of Mattress.