PR
prestwickdrive
Rep: 2,057
Posts: 1,098
quote:
Originally posted by BruceM
long from 57.50 ..64 is target
Nice call Bruce.
KO
koolblue
Rep: 48,651
Posts: 16,032
Upper price proj. is 973.75, but i still favor 948 being seen because of the way it slammed thru my original target at 961. Also a gut feeling that closing ticks are working their mojo today (which still surprises me.. would have guessed late tomorrow!)
BR
BruceM
Rep: 216,211
Posts: 19,895
Thanks Prestwick...these volume nodes rule.......you may remember that I posted these numbers on Sunday night
" 40 - 41 is my first number then the 56 - 57...then 67-69 and then 84-87....". Folks can look at the Globex thread for those but the point is not to brag but to show how price is attracted to volume
For me the best numbers come from the previous day...yesterday we had the 85 area and 63 - 67....so they are battling it out there now.....classic Support becoming resitance...a break will go to Toaday area at 72 - 76 ....etc..you get it!
" 40 - 41 is my first number then the 56 - 57...then 67-69 and then 84-87....". Folks can look at the Globex thread for those but the point is not to brag but to show how price is attracted to volume
For me the best numbers come from the previous day...yesterday we had the 85 area and 63 - 67....so they are battling it out there now.....classic Support becoming resitance...a break will go to Toaday area at 72 - 76 ....etc..you get it!
quote:
Originally posted by prestwickdrive
quote:
Originally posted by BruceM
long from 57.50 ..64 is target
Nice call Bruce.
BR
BruceM
Rep: 216,211
Posts: 19,895
The other thing we know is that they will break the Monday - Tuesday range...I'm hoping it's to the upside too but may be illogical to expect that since we closed near the lows today and closer to the lower range......We also have a gap down near 933 so that will be an additional target if we are able to get on board to ride out lower prices
Hope you are having a good B-day KOOL!
Hope you are having a good B-day KOOL!
quote:
Originally posted by koolblue
still of the belief this is a giant tringle on the daily charts that we better hope eventually resloves itself to the upside upon completion or this market will end up complete toast... bottom trend line somewhrer around 880-882? Note how the daily range keeps contracting?