:: actio-et-reactio ::
amg's market charts and blather
Whatever the "reason" thrown at it, bears are not winning this round. Swilling around in shorter time frames is known to be riskier, ie, more subject to volatility, and OE weeks amplify that effect. The AB=CD pattern has not panned precisely and as the updated 60m Andrews indicates, a breach of that Median Line suggests continuing strength.
PS - this is not a trading diary, but a forum for my ideas that I open to others. I may or may not take positions based on these observations. More importantly, my actions are tailored to my temperment and trading plan and discipline. Please, always do your own work, regardless of where you find an idea that sparks your interest.
|
moon phases |
At last, over the rim
of the waiting earth
the moon lifted with
slow majesty
till it swung clear of the horizon and rode off,
free of moorings
- Kenneth Grahame,
The Wind in the Willows
blather: nonsensical talk.
At times my analysis log, at times sharing what I've learned. Always my own work and views.
Content: amg
Basis: glish & bluerobot
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