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MR
mreiserer
Rep: 110
Posts: 2,220
I am having Internet connection trouble since the morning so I will probably not be posting much more today.
It should bounce here, but I suspect this may go down to the 900 area today once a couple more hurdles are cleared.

MR
mreiserer
Rep: 110
Posts: 2,220
and of course let's not exclude the possibility that we're done here.
DU
Duane
Rep: 100
Posts: 1,095
I hate it when that happens.....

MR
mreiserer
Rep: 110
Posts: 2,220
that's life. And that Globex 4pt at the open was sensational.
JI
jimkane
Rep: 3,058
Posts: 33,089
NAHB index and two treasury auctions in 2 mins. Be careful.
JI
jimkane
Rep: 3,058
Posts: 33,089
Anyone notice this big dump is coming exactly on that 100% time factor I showed in the commentary?
JI
jimkane
Rep: 3,058
Posts: 33,089
And is everyone wondering, now that we took out four big-time major swing lows for this 'top' in one shot if we won't have another one day wonder, and this catches the stops and up we go? Or is this the sea change I've been talking about, dead on the time factor posted so long ago?
JI
jimkane
Rep: 3,058
Posts: 33,089
Up now? 100% IB extension...
JI
jimkane
Rep: 3,058
Posts: 33,089
Another leg here could take it below that 100% extension, and we know what that may mean...
MR
mreiserer
Rep: 110
Posts: 2,220
Well, this could be the day you have been talking about for a while now. This right here at the 100% IB should decide the last 1 1/2 hours
MR
mreiserer
Rep: 110
Posts: 2,220
My next spot after this is 907-909 and then 900-902
RO
roofer
Rep: 3,689
Posts: 3,574
well .. you all know what i think.. the line sorts fib, the fib sorts line, their coming together sorts the importance of price at existing frequency and gives target and establishes an alternative frequency...price was coiling at lower line...

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