Here are two interesting long term charts of main indexes:
Isn't it amazing that what seemed to be a disorganized collapse reversed dramatically exactly where it should according to geometry??
JI
jimkane
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Well, that 62 that turned it down so many times yesterday, when that gives way, the stops should all be jammed over that. And you can bet they want those.
JI
jimkane
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So, that 43.75-44 triggered long from this AM looks pretty nice over 62 :-)
JI
jimkane
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62 sure scares it. I can't imagine they wouldn't just pull it back to get traction for a big stop run, but we'll see. Imagine if that was it, turned down permanently at that level. Well, it's fun to dream, anyway...
ER
EricD
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that would be grat just dotn see it as everyone forum and blog says the gap below cant be left unfilled.
JI
jimkane
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Just another day at the office, nothing special. Great setup, but I see them usually day in and day out.


