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JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, everyone, let's post. Don't make me implement the recent suggestion about a minimum number of posts to continue to have access...
MR
mreiserer
Rep: 110
Posts: 2,220
HC in full effect...
MR
mreiserer
Rep: 110
Posts: 2,220
nice Globex TD right here, battle of the timeframes
MR
mreiserer
Rep: 110
Posts: 2,220
key spot right here
MR
mreiserer
Rep: 110
Posts: 2,220
Here is the setup for the long

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MR
mreiserer
Rep: 110
Posts: 2,220
another key spot



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JI
jimkane
Rep: 3,058
Posts: 33,089
Sorry, no comments from me today, I fell asleep at my comp in all this HC^2 (HC squared) chop. I sure hope this isn't the world we are headed for... I'm spoiled with all this 30-40 point range stuff with multiple smooth swings up and down every day.
JI
jimkane
Rep: 3,058
Posts: 33,089
Notice that little TL over the declining price tops for today on say the 3-min.
MR
mreiserer
Rep: 110
Posts: 2,220
yes, I think this is going to break down.
JI
jimkane
Rep: 3,058
Posts: 33,089
NQ already has.
JI
jimkane
Rep: 3,058
Posts: 33,089
ES is right on that key 60-min smaller uptrending set lower //. I would expect that to bounce it. If it doesn't, it may flush it out a bit in a mini climax. Once that set goes, the price flow off the entire run up is altered. The possible beginning of the end and a key step in the formation of a top. We'll see how they handle it.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, what I heard was incorrect, they said they beat, with less of a loss than expected (-59 vs. -56), but I think the announcer didn't realize that it's reversed for negative numbers, and -59 isn't better than -56 like +59 is better than +56. I tried to post that as soon as I heard it, I didn't get both the numbers, just the better than expected response at -59.