Home > heikin-ashi, Japanese candlesticks, Modified japanese candlesticks, Trading, Trading strategies, Trends > Don’t Expect Too Much $SPX $SPY $DIA $DJIA
Don’t Expect Too Much $SPX $SPY $DIA $DJIA
October 24, 2012
An update on the previous post:
Despite the big fall. haDelta moved horizontally (not ready for the much awaited reversal).
Dead cat bounce in sight.
Two scenarios here, short-term:
- A small reaction OR/AND
- haDelta may record a failure to go across its average SMA3
- Bull trap OR/AND
- More downside