RTY one hour time frame is in an up channel. The market is at the bottom of the channel. If the market can give a counter trend line break bullish while staying above the bottom of the channel. The research shows there is a strong history the market could increase +600 ticks towards the top of the channel.
Josh: Would it not be safer to get in if the daily time ends up with a positive move above the alternate trendline? With the way this country is in right now based upon world events, I have a hard time excepting a one-hour time period.
drkidgell
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Your thoughts now Josh?
sflonglegs
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Well, that bounce and U-turn didn't happen. Can't be right all the time.
Ronal2020
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I lost money every time I followed Josh’s recommendations.
It goes opposite