8h interim cycling bullish.
s1 @ 5554
r1 @ 5592
macro r1 @ 5738
sustain above and macro rotation pushes higher, r2 @ 5921.
its 8 days into the trading month and we've spent the entire 1M atr with extension to the downside.
8H / 1D interim rotation is bullish and no hh on di- since feb 27, despite almost a 500pt drop.
Extended boxes for 6M / 12M, and major levels noted for annual sup/res also marked.
In the last 20+ years, 12M candles closing red still printed an avg 4.74% H above the open; and after hitting lows, closed the year with an 9.97% rebound.
The rotation is a feature not a flaw.
Accept that it's fixed, and you'll see that nothing is broken.
You'll know the signal when you see it.
Appreciate the risk.
s1 @ 5554
r1 @ 5592
macro r1 @ 5738
sustain above and macro rotation pushes higher, r2 @ 5921.
its 8 days into the trading month and we've spent the entire 1M atr with extension to the downside.
8H / 1D interim rotation is bullish and no hh on di- since feb 27, despite almost a 500pt drop.
Extended boxes for 6M / 12M, and major levels noted for annual sup/res also marked.
In the last 20+ years, 12M candles closing red still printed an avg 4.74% H above the open; and after hitting lows, closed the year with an 9.97% rebound.
The rotation is a feature not a flaw.
Accept that it's fixed, and you'll see that nothing is broken.
You'll know the signal when you see it.
Appreciate the risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.