I am going to be interested to look a little deeper into Nils
'system'
Way out as it may seem ..........
Not quite. I expected new support to be sought out on Day 154 (Dec. 29th), either higher or lower, followed by a lift on day 155 (Dec.30th). New moon is Friday, and the approach to the new moon usually has holders exiting their positions, and buyers opening new positions (planting new seeds) on the day of the new moon and a few days afterward.
Last new moon, Dec. 1st, we closed at 3.17, and the previous new moon, Nov. 1st, we closed at 1.87. I expect a close Friday somewhere in between, about 2.52.
------------------------------------------------------------
There seem to be a few 'low blows' going on here.
Kicking someone when they are down is not on.
For all the best laid planning, unexpected news and market manipulators screws with all the TA.
Some are caught blind sided and some can consider themselves just plain lucky.
It was touch and go yesterday for most everyone I bet........
And the best laid plans of mice and men.
Lay off Low. please , he's entitled to his opinion right now.
After all we have valued it here for months now.
Those on the right side of yesterday, consider yourselves lucky frankly. cos it was a close run thing ..........
GLTA
Delete at will .......
