As I said in the opening statement, a big gap down the very first thing upon open is to rebound to 5 min EMA20, so we'll see there whether bears still have chances today or not $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=287272#p287272
Revisiting the day low which is common. Any time before a decisive new day low, a strong bull bar would mean some chances of trading reversals setup, watch $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=287283#p287283
Good signal bar and entry bar, maybe, just maybe bulls have chances here. Trading reversals setup has only 30% chances normally it relies on good reward risk ratio to make money in the long run, beware $SPY $SPX $ES_F http://bbs.cobrasmarketview.com/ ... mp;p=287299#p287299