peterpr and other shorters
There appear to be so many indicators pointing to a pullback / retracement / reversal it is difficult to see how you can fail. So far this thread has seen standard deviation, 200 day moving average, rsi and wolfe wave all used to support a ftse fall.
That a fall will eventually occur is not argued but when would the current shorting fraternity be prepared to accept that the short that they were expecting has not come to pass ?
I ask the above question not from a bullish or bearish standpoint but merely as an interested observer.
Regards
bracke
There appear to be so many indicators pointing to a pullback / retracement / reversal it is difficult to see how you can fail. So far this thread has seen standard deviation, 200 day moving average, rsi and wolfe wave all used to support a ftse fall.
That a fall will eventually occur is not argued but when would the current shorting fraternity be prepared to accept that the short that they were expecting has not come to pass ?
I ask the above question not from a bullish or bearish standpoint but merely as an interested observer.
Regards
bracke
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