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koolblue
Rep: 48,651
Posts: 16,032
WELL here we go! tues ,i expect some rebound action to 840 area and eventually 851, but i have late today or wed as atop so i dont see an extended run up yet! ... keep in mind the market doesnt always listen to me! LOL
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karend
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Posts: 65
How high do you think we could peak tonight?
Thanks!
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palmer
Rep: 415
Posts: 675
very interesting indeed
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palmer
Rep: 415
Posts: 675
why do you think the peak should fall in the globex???
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koolblue
Rep: 48,651
Posts: 16,032
because the shorter term cycles(like 5 min) show the top sometime 7-8 tonite ,plus if you use the by the book bars(the absoulute low ) on the daily for bar one you get thurs and on the hourly you would get at least an hour into the globex session , and finally ,tonites globex is technically thurs! At least thats the way it will show up on all the charts!
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palmer
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how is tonight globex technically thursday - i am lost :)
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koolblue
Rep: 48,651
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oops , i meant wed . MY MISTAKE! look at any daily chart and you will see that the 'day' ends at 4:15 est every day. When it resumes it is always considered the next days trading and thats how it will show up on any charts.
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koolblue
Rep: 48,651
Posts: 16,032
KO
koolblue
Rep: 48,651
Posts: 16,032
'TINY CYCLES' WORK TOO!
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palmer
Rep: 415
Posts: 675
yesterday you said you wouldn't be surprised to see 851 and we did. Nice work.
I am very anxious to see how tomorrow is going to play out