JDST 60 Min Bollinger Bands are starting to tighten…
This is about to get interesting real soon…one way or the other…Excitement at the Tent..
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POSTING INFORMATION
Oh Master where have you been? Your fledgling student has spent the last 3 hours glued to her monitor trying to monitor everything you said I should be monitoring to see if the indicators have reset etc, etc, etc….am I walking into a bear trap? Are tightened bollinger bands a good thing or a bad thing? the charts seem to be saying something good should be about to happen to us JDST bears……
The bulls and the bears seem to be going at it toe to toe with neither group giving up much ground…so the bulls seem to feel as confident as the bears do….
yikes now I see that 13 is below 34 and you said that was jnug territory in one of your charts..gotta go put in a stop loss order
The BB are wide on the 15 min JDST…on the JDST 60 want to see the stoch bounce off the 50. Expect some bouncing. Gold is dropping…Remember, “you are the weakest link”…
jdst gap to fill at 8.30
I’m out…I see too much strength in the miners considering gold’s decline so all I see is a bear trap and no me gusta bear traps
always the next set up…potential bull flag upper trend line has to breach…
roger that….
The proverbial, “shake the tree of weak hands”…When I have time, we need to discuss “gap fills”…
That is so true AND if I should have stayed in and not gotten shaken out then why am I not buying RIGHT NOW : 11:51AM FEB 4 JDST is going for about what I sold it for yesterday 8.50 +/- so why not buy right now and stop waiting for any confirmation if you are saying I would have been better not to have allowed myself to be shaken out yesterday (if that is what you are saying…and you may not be)
Yes, Carolyn, I am bearish. However, my charting remains as objective as possible. Relax, and wait for the breach of the black line to confirm end of bull flag. I have been wrong on many occassions. How will you ever learn unless you make plenty of mistakes? I learn something new every day.
OK the subjective part of me just bought 1500 shares of JDST ’cause I like to buy low and I like to have some skin in the game when I know a bunch of other facts positive for the bears (Martin Armstrong’s computer is bearish PM and money flows are negative for GDX ( holders are selling the bounces) AND now the objective part will sit on the sidelines and watch and wait for the end of the bull flag when I will buy more OR get out muy pronto if the bull flag is verified.