1. After sharp run up from mar-may prices are able to hold ground dropping slowly instead of sharp dive. This hints market acceptance of high prices. If bearish high prices usually get short down fast.
2. After system z long in mar, there is no sell signal for indices and majority of counters. This suggest traders should look for long setups on dropping near system trailing stop instead of shorting.
3. After DJ breakdown head and shoulders neckline, it is unable to breakdown swiftly after few days. This is unusual. H&S breakdowns are often decisive after breaking neckline. "Just-cant-break" action.
Mon night DJ made me suspect negation in the making.
The indication is so clear to me for some counters that for first time I post to CNA forum and ask people to buy. Forummers who followed the 3 calls I made (Y02, G13, J10) would cashed in 5-8% profits.
I told them to lock in profit as anything can happen in market and I want to make sure they made money, not end up cutloss. I following the trend by sitting still in my positions. If this is not just a terrible short squeeze, upside reward is worth much more than the cp risk.
