DJIA 0.31% 26,683 dow jones industrials

bounce or not to bounce

  1. 2,950 Posts.
    OK, so if you're trading the indices, I guess its pretty important that we're around support levels that should constitute a small bounce.
    I'd like to see a rebound off 12100 with a high of 12800 again.
    I guess since the primary trend is down, this should be a relatively short lived long. In other words, close shorts and wait for a new one, or risk the long to 12800.
    I've taken the latter only because I can't wait.

    But I guess we'll see.
 
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