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jarek
Rep: 94
Posts: 3,474
So we have the continuation of grilling of the bears betting for the big W3 down. I don't think it already reached the point where all of them gave up, so there should be some fuel left for the further rise after these games in the Game Zone:


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jarek
Rep: 94
Posts: 3,474
It was the 'Kane zone' combined with the upsloping ML that overcame our bearish ABCD:


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jimkane
Rep: 3,058
Posts: 33,089
I'd think this would really like to finish in the 20-22 area. Not a prediction in any way, just an area that temporarily balances out the bullish impulse if you will, an 'area of interest', and hence it may act as an attractor.
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jimkane
Rep: 3,058
Posts: 33,089
jarek, add on the .382 retracement off the A point on that last chart.
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jimkane
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Posts: 33,089
ZN still strong.
JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jimkane

jarek, add on the .382 retracement off the A point on that last chart.


To the tick indeed:


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jimkane
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I've got a little something here at 16.50, so just see how it acts here. Otherwise, watching the 20-22 magnet.
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jimkane
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Posts: 33,089
There's the huge pop over 16.50. Free to run to 20-22 now, with 20 minutes RTH and another 15 after cash, so plenty of time.
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jimkane
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Posts: 33,089
It's trying. 18 so far...
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jimkane
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Be cautious here, as 18 could be it, and although I see no real selling possibilities for this, you never know when they may forsake it.
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jarek
Rep: 94
Posts: 3,474
They simply can't refuse themselves some plays in the Game Zone...


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roofer
Rep: 3,689
Posts: 3,574
and so it goes
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