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Trader Brian Jones

So yes this is a text book downtrend in progress. Another BIG bounce on the way to fill in the gap. Not a buy and hold again until the 10 breaks over the 50. Just catch every bounce buy buying at the bottom of the downtrend. A cash machine for the intraday or short term trader.

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5:18 AM · Dec 1, 2021Twitter Web App

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I am short via UVXY, but I’ll see if I can catch a bounce with UPRO.

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So this system indicator is useful for those who attempt to buy and hold for a few days in hope for a bounce, so a person who only day trades gappers and exists completely at the end of each day shouldn't worry about this yeah?

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, when you speak about overbought, which indicator do you use?, is it RSI 14

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Looks like 14 - recreate the chart.

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Hi Brian..so it’s going to correct further in short term? What’s your view for next one month ?