Wish you all nice and successfull trading week.

Here is what I've been looking at the whole day. The .382 area was support overnight and got re-tested at the open. Easy setup and worked pretty good so far.

Very, very curious that treasuries and the market were going up in lock step there. Very odd.

waiting patiently...seems liek 108250 may be a reality today.

wow..here comes the welcome wagon..

quote:

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Originally posted by jimkane

Keeping an eye out on the 71-73 area next, and then 74-77 after that.

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HOD was 75.75...

So, how many market participants do you all think are watching the RTH LOD, that gap just below, and that untested GLOBEX low from yesterday? You know the MRRD's don't want to see any of that.

sometimes lookingout for the untested globex lows kill me..

Well, again, just about everything I do is going to be based on the methodology. But, I work into that premise things like POC, VAH and VAL, DP, IB 50% and 100%, untested GLOBEX points (and untested POC's), gaps, and so on. None of those are any use to me outside the 'context' of an exisiting KT premise.

They got the LOD and the gap, and within one tick of the untested GLOBEX point...

And there's the GLOBEX point.

Swoooooooooooosh.

Yes on both, the small 1.272, and yes, the TL creep plays out once again. It's one of the most awesome observations I've ever made.