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




