MyPivots
Sign In
    JA
    jarek
    Rep: 94
    Posts: 3,474
    0
    Long term charts leave little doubt about the importance of the current levels:

    Click image for original size
    No Description Entered


    Click image for original size
    No Description Entered
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    1
    Anyone see the ABCD with the ABCD in the BC leg, and 5 waves down in the CD leg? 30-45 min traded timeframe. Anyone have any confidence this is going to go up here???
    ER
    EricD
    Rep: 63
    Posts: 692
    0
    i dont have confidence yet..84-82 for me..monitoring it
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    1
    Why 82-84? How would you handle that the ABCD would then be at the 1.618 area, which would more imply W3 than CD leg?
    ER
    EricD
    Rep: 63
    Posts: 692
    0
    i am short JIm from the EXP ABCDand took partial profit..i am looking at the 15 min context.
    ER
    EricD
    Rep: 63
    Posts: 692
    0
    i am respecting the area..and watching the price action.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    1
    Okay, that makes sense. I thought you meant you were looking long at 82-84 based on the ABCD. I'm not saying 82-84 doesn't have a lot of stuff, only that there are structural issues with the ABCD there.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    1
    BTW, great short off the EXP, I was hoping someone saw that :-)
    ER
    EricD
    Rep: 63
    Posts: 692
    0
    watching for the TD trap now at the 9175-92 area
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    1
    You hanging with this still, Eric? Watch this .786/.886 area here, if that goes, it should flush.
    ER
    EricD
    Rep: 63
    Posts: 692
    0
    yes i tried to add at the 9150 ..didnt get filled..
    84-82..and waiting to see if it DB here
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    0
    No matter how he tried he could not break free...

    Pink Floyd

    Sunday night should be very interesting, with this trapped rat coil right in this key area. I hope everyone is able to put the work together to see this. It's an insane X marks the spot ABCD.