Thursday, August 8, 2013
Thu 8/8/2013. Pre-open Update.
The Score will be 6 above 1695 and 4hr resistance is 1698.57, so the System will go long there. I tend to think this will be a failed rally but rules are rules and the System is right more than me. The stop-and-go-long level will be 4hr support around 1689 to start. Good fortune.
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If long at 1698.57, you mean the "The stop-and-go-SHORT level" instead of "The stop-and-go-long level will be 4hr support around 1689 to start" ?
ReplyDeleteAnyway, how is the system positioned now that both your long and you stop reverse were triggered today ?
As good as your system is, it's frankly very hard to follow it without timely input from you at inflexion points such as today !
The above pre-open update is extremelly confusing !