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KO
koolblue
Rep: 48,651
Posts: 16,032
HMM , Got home late from work. Looks like that 1101.50 projection, was only good for 3.5 handles . next stop is 1105.00-1105.75. also note the 1109.50 resistance....getting some sleep, later!
VO
VOwater
Rep: 133
Posts: 4,121
1 way of looking at it...iv could turn complex if they need more time and/or price.
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KO
koolblue
Rep: 48,651
Posts: 16,032
agree 100% VO!...If 3 has ended already.. but i suspect we could still see higher today or especially tomorrow!
KO
koolblue
Rep: 48,651
Posts: 16,032
!@#$ one ticked so far at an attempt short at 1111.75.. (one only tho!)
KO
koolblue
Rep: 48,651
Posts: 16,032
hmmmm. This could be interesting .. would basically go side ways to down the rest of the day, lending more credence that the daily high is in... but we'll see...
Click image for original size
KO
koolblue
Rep: 48,651
Posts: 16,032
Rburns, if youre watching the way i use(interpet) which set of projections to use i think the next decline, after it starts will provide projections which would show which set to favor...
KO
koolblue
Rep: 48,651
Posts: 16,032
Thats if of course we decline again.. its the 'secondary top ' and should provide a clue.
KO
koolblue
Rep: 48,651
Posts: 16,032
See?..still ongoing but so far (1111.50to 1110.25= 1108.50)etc
RB
rburns
Rep: 1,896
Posts: 383
I follow you. I have a chart to post but am unshure how. Can you or VO help?
KO
koolblue
Rep: 48,651
Posts: 16,032
first make sure its saved to your documents, then click reply to topic, then click upload and then click browser ...open the chart by highlighting and clicking open then hit click up load .. the code will appear in the dialoge box.. click post your reply..
KO
koolblue
Rep: 48,651
Posts: 16,032
see the white avg(54ema) on the 5 min chart above? its now at 1109.75..crucial support very short term
KO
koolblue
Rep: 48,651
Posts: 16,032
BINGO!aBANDON SHIP AT 1109.25..PLUS ONE HANDLE, BUT UP 3.5 ON THE DAY AND SATISFIED.. just got up too late today.. see ya!