| LongKC - 10/25/2018 13:27
Respectfully JP I highly doubt it. Today's follow through down is discouraging, and took some of the luster out of my bullishness, but it is only emotion that would stop me out today. The global situation is supportive, we are down 5% this week, the European markets are down 1%, those markets traded through mid-day today. Anything is possible, and funds are now invested in the short side, so that's intimidating, but I will at least need to say spill over weakness in the French markets before I put any credibility into today and yesterday's action.
Could be. I know nothing about all that blather. Price says its going lower and until is suggests otherwise, it is - to me anyway. Even the set of lines you posted yesterday says what?? Price is going to the next most probable line.
Good luck.
Take Care |