MyPivots
Sign In
JA
jarek
Rep: 94
Posts: 3,474
So the line from my Friday's chart finally gave way with the close below it. We may also treat the last bounce as a return move and KIG to the trendline connecting major bottoms:

Click image for original size
No Description Entered


Let's see if the dark forces Jim has mentioned here so many times will really be able to counter the mounting downside pressure ...
JI
jimkane
Rep: 3,058
Posts: 33,089
45.50-46.50 is my next area of interest.
JI
jimkane
Rep: 3,058
Posts: 33,089
This checked back right off the most obvious set line I put on yesterday. If it can't bounce up and through from this spot here, that's trouble.
MA
Mats
Rep: 100
Posts: 262
well I work on 1min now maybe things has already happen it takes some time to prepare!

almost overlapping not so strong


Click image for original size
No Description Entered
JI
jimkane
Rep: 3,058
Posts: 33,089
That's the 'W4' spot that should send this up, and why I said there would be trouble if it didn't. The reason I am not expecting this to roll down off the HOD key line area is that I still think the odds favor the move up for awhile off the area from the LOD yesterday. It is in this W2 chop zone now before it takes off, if that is what it intends. Hope this makes some sense.
MA
Mats
Rep: 100
Posts: 262
I am not sure if I can follow here but this is what
I have on 13min


Click image for original size
No Description Entered


Click image for original size
No Description Entered


Mats
JI
jimkane
Rep: 3,058
Posts: 33,089
Get ready...
MA
Mats
Rep: 100
Posts: 262
OK
JI
jimkane
Rep: 3,058
Posts: 33,089
They are just crushing the dollar here. Look at crude go, and the ES.
JI
jimkane
Rep: 3,058
Posts: 33,089
Crude right off a little EXP ABCD.
JI
jimkane
Rep: 3,058
Posts: 33,089
USD now back to a key area. If they can't bounce it here, it may really get killed. That HOD was dead off a key line area. Amazing stuff.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, 67 was it. See ya all Monday. Great posts, everyone.