August 23 Fridays plan

22 באוג׳ 2024

My 3 year backtesting shows typically mondays are up and fridays end down. That doesn't mean we short all day...

I think we go up from here based on trend, candles, elliot, and this new chart overaly with my friend AnotherDAPTrader's strategy DAP Scalp 1 MAX.. Any questions ask him please. point is we have a doji above pivot and a 3 day ABC correction typical of wave 2. we should go up.
s3.tradingview.com/snapshots/x/X1PQQ0vS.png
and I think we close lower by the end of the day on friday, after the morning

Also kudos to AlgoAlpha for his excellent indicator called Supertrended RSI

22 באוג׳ 2024

הערה

EWT agrees that we are at the top of wave B, and about to head down on wave C... but again this doesn't mean we can't have a rally in the AM and fall after the morning rally.