>>>The reason I would not take those shorts, no matter what the 3xPB or the CCI said, was because (1) the price had previously broken below the 34 but got back above it. Telling me that the big boys don't want this to break down. Also, unlike the first short near the biginning of the day, the price was very close to the 34 ema at those points when the 3xPB turned red again. "Don't enter a new short with price very close above the 34 ema." Might as well wait to see if it would break. (2) Not only did the price recapture the 34, it recaptured the previous day's high (the horizontal green line on my chart.)<<<
I agree, that is what I saw also.
Now out. Say Hello to Jr. His other name (He No Talk)
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