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Marco-T
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Posts: 41
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.

Click image for original size
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JI
jimkane
Rep: 3,058
Posts: 33,089
Everyone see the small ABCD at a .382 and a set line on the 1-min? Now we see which setup guides this. Clue time.
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jimkane
Rep: 3,058
Posts: 33,089
The MRRD's are so broken-hearted after the last few days, they want to run this here sooooooooo bad.
ER
EricD
Rep: 63
Posts: 692
I guess this is the short squeeze...maybe test the globex high
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jimkane
Rep: 3,058
Posts: 33,089
Right off the little ABCD and .382...
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jimkane
Rep: 3,058
Posts: 33,089
Anyone notice where it went to before it began to check back?
ER
EricD
Rep: 63
Posts: 692
no>>>> where?
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jimkane
Rep: 3,058
Posts: 33,089
1.272
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jimkane
Rep: 3,058
Posts: 33,089
This is getting close to 'trendline creep', and if so, they want to flush it down. If not, they better get on this soon.
ER
EricD
Rep: 63
Posts: 692
i see the small 1.272
ER
EricD
Rep: 63
Posts: 692
trendline creep ....BANG
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jimkane
Rep: 3,058
Posts: 33,089
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.