Lots matching up again
86 - 87.5 rat and POC
81.25 Rat and Va low
75 - 77 Rat, weekly PV and current ON high, breakdown point from YD aftrenoon *******
67 - 68 rat and current ON low - YD low****
the MP players wll be watching to see if price is brought back uo into value today or if new value will be established lower from that late day spike. Usually after a consolidation and run out in the afternoon that closes on it's lows we get follow thorugh...so many will be trying to get short up in the 76 - 77 area in the ON and target lows below YD's low
We know we will probably print at least two ratchets so we can watch which one prints first to try and establish which one will print second. This is being done in attempt to hold runner contracts longer with a good signal. My bias is short untill we trade below YD's lows, then we need to be thinking about the possible GAP AND RAT down at the 61 - 62 area. Below there is 56 area and another RAT. That may be an agressive goal. Goodluck today
BR
BruceM
Rep: 216,211
Posts: 19,895
POC moved up to 83.50 and buyers favor 50 / 125 tpo's...just not sure if they corrected enough
PH
phileo
Rep: 3,062
Posts: 520
Originally posted by BruceM
I joined ya at 82 even ...after 81.25 printed..I wnat 85.50
EMA's are flattening, that made me nervous enough to bail early...
good luck on your trade !!
BR
BruceM
Rep: 216,211
Posts: 19,895
they filled in the singles and I knew that was agressive..I still like the idea though of it running higher..with that gap and crappy high as magnets....we just may be early...will try one more time//perhaps th e vwappers down at 79 will help us
PH
phileo
Rep: 3,062
Posts: 520
Originally posted by BruceM
they filled in the singles and I knew that was agressive..I still like the idea though of it running higher..with that gap and crappy high as magnets....we just may be early...will try one more time//perhaps th e vwappers down at 79 will help us
yeah, it does look like we were early. saw the burst of short covering, and now the EMA's are starting to point up again.
good on you for the 2nd attempt!
BR
BruceM
Rep: 216,211
Posts: 19,895
flat at 88.50..i knew that was a crappy high before...and that 85.50 gap..
BR
BruceM
Rep: 216,211
Posts: 19,895
How can u see the burst of short covering ? I'm lame with that kind of stuff...always thought if I could see that stuff I could own the world...LOL...But seriously Phileo what were you looking at?
Originally posted by phileo
Originally posted by BruceM
they filled in the singles and I knew that was agressive..I still like the idea though of it running higher..with that gap and crappy high as magnets....we just may be early...will try one more time//perhaps th e vwappers down at 79 will help us
yeah, it does look like we were early. saw the burst of short covering, and now the EMA's are starting to point up again.
good on you for the 2nd attempt!
