So we just made a new low on Higher tick... which continues to say "Caution" ...
Maybe we have the panic low... but this still could be a momentum low... and we may still see a secondary low...
so... risk here is higher than to have a clear setup......
but the chart looks good for a bounce...
Financial history doesn't repeat itself, but it often rhymes. You can't be stupid enough to trade off anything I say.... I'm lucky they let me out of the straight-jacket long enough to trade.
J. P. Morgan
Tuesday, June 23, 2009
fucking with me
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