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JI
jimkane
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Any chance of more than one or two people in this topic for the whole week?
JI
jimkane
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Posts: 33,089
If this is going to crap out i.e. be a W2, this is one place I'd be watching.
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jimkane
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Watch the EXP ABCD in here for clues.
ER
EricD
Rep: 63
Posts: 692
see it at 1057
ER
EricD
Rep: 63
Posts: 692
cl is moving so much better
JI
jimkane
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Posts: 33,089
So, I hope everyone did the work last week for the big DT ABCD at a .382, .447, and multiple lines. I hope everyone also saw the EXP ABCD 'wave 2' it finished Friday with. So, is this EXP ABCD it is now reacting off of a 'wave 4'?
ER
EricD
Rep: 63
Posts: 692
squeezing everyone nicely....
JI
jimkane
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Right off the W4 to the W5, and then down (as mentioned above). Now we see here if this larger degree correction is enough, or does it need more. If it starts up, is it another leg up, or the W2 and then down? Clues are to be read, folks, so get ready.
JI
jimkane
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Posts: 33,089
Keep an eye on this 3-min ABCD forming here for the next clue.
JI
jimkane
Rep: 3,058
Posts: 33,089
This is a key area to watch in here, 60-60.75 or so.
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jimkane
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I think it will blow past it, but that tells me we are in a strongly impulsive move if it does.
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jimkane
Rep: 3,058
Posts: 33,089
Interesting, a little ABCD fake up and then they dump it. I don't put too much stock in what happens here, but it would be curious if they could get it back to the RTH LOD.