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Citrati

07/21/21 2:40 PM

#16046 RE: mannken #16045

I think the difference is that on almost every other move off the 50 the white candle (either body and or wick) stretched above the red candle. Your May circled example the white candle did not have a wick or body that exceeded the red. On that basis, I give the nod to continuation a bit more. Just me and my tea leaf 2cents. Your example is based on a gap down as is our current situation so I may be all wet. Maybe that makes it a 50/50 situation. What are your thoughts on that?

Hope you don't mind. I appreciate discussion so I don't get rigid or stagnant.

PS: I am starting to run out of time for a UVXY scalp buy signal unless it is end of day 30-60minutes.