Bands for the day. Hopefully I did not mess up today.
BR
BruceM
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trying longs from 17.75 for 21.25 retest...keeping it small and this will be last trade of the day ....I will not allow myself to get caught in a big drop as I know that 2012 area could be next if we are wrong here
BR
BruceM
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air pocket at Ib breakdown point........harder trade in general today because of the gap lower open and the fact that the first hour consolidated.......market goes from Pause ( consolidation ) to Trend ...but the lines are there for context
BR
BruceM
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took the loser at 16.75 ....gonna try one more time as they try to push under 14 towards my 12.50 ...then maybe we can use the 16- 17 area as a retest magnet....LTN's and HTN's are not exact...so I am trying to see some slowdown in price before entry
BR
BruceM
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targeting 16 first.....another breakdown point and near our HTN off the weekly
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BruceM
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and if they buyers aren't gonna step up now then 09 may be in their forecast...almost 11 am
BR
BruceM
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Posts: 19,895
so now this 16 - 17.75 is the key inflection point as we go forward here
