So, for the day, we failed to take back the 1,986 strong bounce and, for the week, we now use 2,005 to 1,980, so 25-points down means 1,985 is weak and 1,990 is strong on Monday. Generally, you want to take back daily-calculated 5% Rule Bounce Lines weak by day one and strong by day two or you assume more downside to come.
September 12th, 2014 at 4:05 pm
You're welcome Wombat.