Replies to post #2565 on ETF SWING & DAY TRADING

[rcptrader]

Scamman's R3 strategy would also support a down day very soon.

On the NASDAQ daily chart, the midline of the BB (20,200) turned back the bull attack yesterday. The turn was confirmed by a dark candle today.

In previous uplegs, the BB midline did not pose any resistance to the bull stampedes.

Expect a retest of the current lows before the bulls try again.