There were 2 buy signals today... one on crossover of 6720F and second on crossover of 6760F.
A question may arise that when the last 2 days trend was down, how could one initiate a long call? The justification for this is that markets (on EOD charts) were very close to support and a bounce was due.
The big bar on 5 min charts (6720F crossover) was a confirmation of intraday bullishness.
A question may arise that when the last 2 days trend was down, how could one initiate a long call? The justification for this is that markets (on EOD charts) were very close to support and a bounce was due.
The big bar on 5 min charts (6720F crossover) was a confirmation of intraday bullishness.
No comments:
Post a Comment