Tuesday, October 13, 2015

[RUSL] update

This is a short one. 

If the red path at the backlink plays out it might well begin with a unicorn tail at tomorrow's open as shown below.  That tail would take out any stops set to go off at a lower low, fill the gal shown by the circle to the left of red 2, and tag the 38.2 fib.  If you see it, buy quickly and then set stops for a lower low 1 penny below the AM draw down and then move on with your day.  The odds get very small very quickly that it will go down there again a second time.

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