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S&P 500
5,487.03
(
0.25%
)
US TECH 100
19,430.40
(
0.14%
)
Dow Jones
38,834.86
(
0.15%
)
Brent Oil
84.93
(
0.17%
)
Bitcoin
65,084.12
(
-0.08%
)
Post# of 37358
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TraderGash

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TraderGash

Re: detearing post# 8503

Thursday, 10/10/2013 12:22:25 PM

Thursday, October 10, 2013 12:22:25 PM

Post# of 37358
Well I suppose it depends on the timeframe. I trade off the daily charts, and all I can see is a continuous down-trend since the start of September. Price has not yet climbed above yesterday's high, so no need for longs to get excited yet.
Disclosure - small short position. The trend is your friend until it bends at the end!
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