But why 233? Well, it is a fibonacci number and I have seen fibonacci numbers are very significant in trading in general for whatever reason. Maybe bots, maybe other reasons, but here's what I see: We closed below it for the first time and today/yesterday we tested exactly up to it and got rejected, it is now a resistance point and could send us into the bear market of all bear markets -> idea about that one linked.
Looks worth it to punt a short here and see what happens.
Looks worth it to punt a short here and see what happens.
評論:
We just got rejected exactly on the 200ma, after crossing above the 233 ma. Short reinstated and closing position only if 200ma is crossed to the upside.
