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
Rep: 216,211
Posts: 19,895
next longs will be at 55 for a new campaign if they stop us...so I wont be rebuying 58 now..
BR
BruceM
Rep: 216,211
Posts: 19,895
stopped and watching the reaction to the 58 number...if any....nothing to stoip 55 from printing
KO
koolblue
Rep: 48,651
Posts: 16,032
Well, lets see... daily range for 5 and 10 day is around 23 handles.. Friday was an expansion of range on a down day (negative ). BUT IF WE JUST GO TO NORMALCY THEN 1069.25-23=1046.25...heres a look at the longer term picture (still thinking 1037 ish by WED at a minimum)...
BR
BruceM
Rep: 216,211
Posts: 19,895
first target is 60.25....then will try to hold two ..for that 62.50 and 64.75....
KO
koolblue
Rep: 48,651
Posts: 16,032
MAN, mr market is confusing us all again! Although im bearish this week, especially into wed, i would have sworn we'd see a rebound up to that 1172 level at least, with an outside chance of 1081...suppose we still could (1057+ 23= 1080.25) ,but it doesnt look good so far!

