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Short the rallies

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Not applicable
Chartist's strategy of shorting the rallies has been working brilliantly. Next short is around the 400 -430 level. Target would be new low (i.e. beyond 29500). Remember your TA 101....lower highs and lower lows. Dont forget our last short was rewarded with 900 points!
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4 REPLIES 4
venice
Super Contributor
Sorry Riaan bought the dip its up 800 two sides to this coin.
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Quite right venice and well done...however the big dippers were saying buy the dips at 30400...this is what I am referring to....as you know I also went long when we got above 750 again...the risk reward is very much in shorts favour now though.
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richardw
Super Contributor
Just admit you're Mark. Makes it much easier to converse as you change accounts :)
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Hey Mark called Riaan1.I see a ending diagonal on sp500 with 5 of wave 3 nearly complete.Your call for alsi 30400 seems spot on.What do u think alsi trader/real chartist/ninja.
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