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Stick a Fork in it
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jpartner
Posted 9/12/2017 20:30 (#6244218 - in reply to #6244200)
Subject: RE: Stick a Fork in it


JC STONE - 9/12/2017 20:26 I know , I was being facetious! Okay it broke the line. Intial reaction is its heading for next support lower. Why wouldn't it? The chart doesn't tell me other wise or at least I can't see it.

If your truck is stuck and you are rocking it, is it random? Do you make a lot of headway, then no headway, then alot of headway, then no headway?  No.  You either are making headway advancing with each rock of the truck or you aren't.  Your truck by it's movement is illustrating that it is has more or less energy by the amount of the thrust.  So if you are thrusting and no going anywhere, what are your chances of going farther in that direction?  Not very good.  Price movement is energy and is no different than your truck stuck in the mud.

 

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