Welcome back everybody! Good to see so much activity and some new faces here
There was also a lot of action in the market while I was away. The basic question is, as Jim pointed out already, whether Thursday's 3D ended in a meaningful PTA or not. The best lines I could find for this area are following:
They don't look very convincing and there is no pattern, so the reaction at the current area should be very important:
RA
rat89
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Posts: 7,015
I see 3355 slv.....may I ask how you derived 3362? tia
Originally posted by roofer
slv has not broken its trending mode..... there is one higher number 3362...AMZN is exactly in the area where a screaming short cover rally could launch. i have not covered but have tightened stop.. it is still trending below ml... i am sitting back and waiting on slv
JI
jimkane
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Posts: 33,089
Okay, up in the ES now? This will be a big clue, if they come in here...
JI
jimkane
Rep: 3,058
Posts: 33,089
Careful of this little bearish tick ABCD in here. This is it, they should be deciding soon...









