thoughts from your favorite Irish sister and brother:
We might be going to a true bear market soon. Our algo is showing more activity in the bear settings. The more volatility setting and shorter times frame are strong profits, while less volatility longer times frame still show profits though less than was. In next week we will know more data about whether moving to bear or remain bull. but right here we hedge about 1/3. Our algo predict last bear market in 2020 March.
Yesterday our trade hit NQ targets on the bollocks (see link below). Today we have new bull/bear line in yellow at 16311. Yesterday we break out of downwedge to now open up wedge maybe meaning more volatility.
if yellow line holds as support with retest go long for the 3 targets for profit shown
If yellow line breaks and holds for resistance go short for the 3 targets for profit shown.
happy trading to all. and please be kind to each other
Love from sister and brother Bunny.