Hook Shot said:Not sure of the value of this comment.... but we are desperately in need of a lower daily low - i.e we have not broken the previous days low for a while.... so a LL may be around the corner - especially with dow closing near lows of 916 - so once again I'm looking to take advantage of any overnight/pre-US rallies...
We are due a down bar.... obvious target is 12800ish....
Hope if happens................. bears are getting hungry (near term) :cheesy:
We got the pre-US rally to 950ish and then slumped to sub 916 :cheesy: all before 1030am uk time. Magic.
The message is the same as last night's in that we are watchful in case of an intrade move sub 916 for LL .... etc...
I would add that my "obvious" target of 12800ish is for a multiday move down (more than one) rather than a prediction of a move to that level today :!:
Hope you caught the ride this morning Pat