Originally posted by prosperity
How low until I can be sure my short is fruitful?
You should be watching for a bounce off that lower line, or before. If it does your short is dead... but if it breaks hold the short. You will need a new short term trend to pick a low.
Todays action stalled at fridays high so far with no buying volume. Will it break the low, or close the gap and surge higher late arvo? My moneys on a lower close.
