JI
jimkane
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Posts: 33,089
Man, I can't believe you guys. Not one single post last week in the weekly discussion, and no one starting the topic this week...
JI
jimkane
Rep: 3,058
Posts: 33,089
Riding until that 53-55ish area, assuming it gets there, then I'll see how it looks.
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch this action here. A quick stab below by one tick and sharp snap up is a warning they may gun it up. Watch the 'flat' and DB ABCD areas. If it doesn't roll hard off one of those, watch out. Also watch the .618 area, plus or minus a Fib, right here.
JI
jimkane
Rep: 3,058
Posts: 33,089
Just like Columbo, or Monk, or Dr. House, always studying the clues, looking for what is going on 'behind the curtain'.
ER
EricD
Rep: 63
Posts: 692
i seen that jim...crude looks like they gave some great setups today also...I am sorry i know this is the Es post.
JI
jimkane
Rep: 3,058
Posts: 33,089
Did you see that flat ABCD that was one-ticked on both sides, and then down it went? Just as I was thinking. As far as crude, post away in here, we don't have enough participants to warrant a separate topic.
JI
jimkane
Rep: 3,058
Posts: 33,089
They want to run this thing so bad in here. Always be cautious when you have an ABCD that just fulfills that pattern (say to a 1.272 or so) and then starts to reverse hard.
ER
EricD
Rep: 63
Posts: 692
i missed the abcd today at the .886 7307...was straight down the whole day in crude
ER
EricD
Rep: 63
Posts: 692
looks like they want to bring it back up to 6225 now..it rejected those single prints of yesterday
JI
jimkane
Rep: 3,058
Posts: 33,089
Well, look where the key set line is, and the key .382/.447 area, right at the POC opening price area, 62-63.