:: actio-et-reactio ::
amg's market charts and blather
Right, gapped down 30+, exuberant reversal, only to be slapped down ~40 points.
Recall that 1356 is the 2nd V of the February VV (the first being 1329). So, while on a 30m or 60m chart an optimist might be seing a double bottom put in, which may in the end be good for a day trade, it's not registering much bullishness on a daily chart. Remember the parade of faux double-bottoms in the April rally?
|
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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