frank! love it! one question on the 3-line strike. I don't see it at all in the SPX or NASDAQ for that matter. The SPX has shown pretty much 3-5 bearish reversals over the prior sessions, which has now -finally- been confirmed, and the NASDAQ has been in a steady decline since the 5th. I put more weight on the SPX and NASDAQ when looking for trends; I am sure you do to!? Nevertheless, I agree that 1230 is the level to beat. We'll see.
Hi Arnie, yes you are right. The bullish 3line strike is only present in the dji. However, bear in mind that the 3line strike pattern requires confirmation. I brought it up just so we can watch out for it.
frank! love it! one question on the 3-line strike. I don't see it at all in the SPX or NASDAQ for that matter. The SPX has shown pretty much 3-5 bearish reversals over the prior sessions, which has now -finally- been confirmed, and the NASDAQ has been in a steady decline since the 5th. I put more weight on the SPX and NASDAQ when looking for trends; I am sure you do to!? Nevertheless, I agree that 1230 is the level to beat. We'll see.
ReplyDeleteHi Arnie, yes you are right. The bullish 3line strike is only present in the dji. However, bear in mind that the 3line strike pattern requires confirmation. I brought it up just so we can watch out for it.
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