I'm a fan of this philosophy:
"Everything should be made as simple as possible, but not simpler."
take a close today's 30min chart of jpm and that what I see:
overall chart is in reverse v shape, in other words, down trend. today, there was a gap down, and no higher high. so when the 32 bottom is broken, go for it. That's it.
"Everything should be made as simple as possible, but not simpler."
take a close today's 30min chart of jpm and that what I see:
overall chart is in reverse v shape, in other words, down trend. today, there was a gap down, and no higher high. so when the 32 bottom is broken, go for it. That's it.