Numbers I'm watching on the upside
1069 Low Volume as per histogram
1073 - 1075 Pivot, High volume key number
1081 volume spike and 15 minute air pocket
downside numbers
I'm hoping to sell rallies with high $ ticks in the am..that's the plan if we open above Fridays close...but trade down into key numbers BELOW 1061 will be buys for me on low $ tick readings
61 - 62 lots of volume
47 - 50 key number previous volume
39 - 41 key breakout point
Hoping to revise these after I fire up my IRT charts
BR
BruceM
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good trade Phileo...we never REALLY kow what will happen when they enter air pockets
PH
phileo
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Posts: 520
looking to short the gap fill, but this may be too obvious of an area, and looks like price might not even get there....
BR
BruceM
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flattened for 59.75 for the loss....will try again below 58 hopefully closer to 55 !!
KO
koolblue
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I DONT WANT TO SEE THIS GO BELOW 1058.25 (5 min top at 1069.25 to 1062.50)
PH
phileo
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Posts: 520
Originally posted by phileo
looking to short the gap fill, but this may be too obvious of an area, and looks like price might not even get there....
thanks for the encouragement bruce. No where near as good as your 8pt win from 1067.... still working on that one, I am.
1062.5 is the air pocket which is yet another reason to short 1062.5-1063.5 area that I posted earlier:
1063: gap fill + prior support lvl + Fri. late afternoon resistance.
BR
BruceM
Rep: 216,211
Posts: 19,895
will add into 55 if needed ..other wise holding for 64.75 ultimate target
BR
BruceM
Rep: 216,211
Posts: 19,895
3 off at 60.25..holding 2....new lows will stop this out...just trying to recoup last loss
