Another fake out for the fomos

30 jun 2018

Okay so we lifted ourselves past the 28 day shit rope on the 4 hr chart and what we have now is a solid, dark, 28 day chocolate rope to hang onto with this 12 hr chart. Just kidding. It's still a greasy shit rope. Look at the piss arrow. This rope has already been keeping us down on the 12 hr chart from June 18th to June 21st and I believe it will do it again. This volume isn't good enough in my opinion. To continue this fake out we will have to go above the prior high from this last flush around 6340. Even if it does I am probably going to stay out as I have for all the other fake outs. We need a capitulation to reverse this market, not a little fart to the upside after some constipation.