- Still watching the weekly for possible triple top.
- As per S&P, Copper, Soybean, etc, monthly is positive or inconclusive for bear case.
- Thus conflicting views on the 2 timeframes. No trade.
- Prefer to wait for the triple top NL to be penetrated before considering a trade. Will be late but surer and stops can be tighter. Better than being early and constantly getting stopped out (eg S&P). Very tiring that way.
1 comment:
Hi TS,
Thanks for that. Appreciate it. I have been sitting out intently trying to figure out how things will pan out. Letting market show hand first.
Regards
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