Repeating pattern here, Aug and Sept dips were about the back test to 20 ema, both moved to new session high after the dip, and now, this is the 2nd dip dealing with 50 ema, this time is below 50 ema, very high chance to see that, day low today is a low for this correction, chart wise, it should touch line X and S2 for a bottom, but... due the GDP number out before market open tomorrow, and the last dip didn't touched line X, so, the chance to see a gap up open tomorrow is very high...
X & E (or E') forms an expanding triangle, and S2 was defined by to low spots from July.
Tomorrow could open near 50 ema at 1047, then close above 20 ema (1069).
Today might be a good set up to shake off weak hands, and lure the shorts to enter a short position near day low...
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