Next Week Gravity Points & Expected Move ($54.50)
Updated
Expecting a bit of a relief rally early in the week.
My standard deviation trendline broke the 3rd SD last week, first time since we bottomed. So I recreated it for the new hypothetical downtrend. It's most useful for an established trend and right now I need more weeks of data before I feel confident in this.
$55.5 expected move is large.
Busy chart, forgive me for the clutter this week.
- RH
My standard deviation trendline broke the 3rd SD last week, first time since we bottomed. So I recreated it for the new hypothetical downtrend. It's most useful for an established trend and right now I need more weeks of data before I feel confident in this.
$55.5 expected move is large.
Busy chart, forgive me for the clutter this week.
- RH
Comment
Comment
There's the buy target hit. Expecting the relief rally from here.
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