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jimkane
Rep: 3,058
Posts: 33,089
Or does this area contain it? Seems like they want to buy into the Friday close, as usual.
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jimkane
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Posts: 33,089
Now, do they pick it right back up here? Critical decision point here.
TO
TonyC
Rep: 99
Posts: 471
bounced off the daily pivot then went to the POC/.564 and now reacting off of it.Sso far very responsive action...triggers are clear too...me like
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jimkane
Rep: 3,058
Posts: 33,089
Yes, for smaller, non-trending plays it's been awesome.
Okay, here they come, as expected, off the small ABCD. Sweet.
Okay, here they come, as expected, off the small ABCD. Sweet.
JI
jimkane
Rep: 3,058
Posts: 33,089
They don't like what they see. They know it implies down, like that abcde at 12:51. They can't let it gain any downside momentum. So, they are trying to keep it stable without spending too much yet. But, ultimately, they may find they'll have to come in with guns blazing. And I suspect they will. Got to keep the ramp into the Friday close schtick going, then add some more in the Sunday GLOBEX. Of course, all this manipulation is just my opinion.
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jimkane
Rep: 3,058
Posts: 33,089
This is quite a coil. The rampers should have fun when it finally uncoils.
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jimkane
Rep: 3,058
Posts: 33,089
They have a nice little 4PT here, but they seem to have no umph today for follow through at all.
