JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I guess jarek must still be skiing, so I'll start this week's topic. Let's make it another monster week for quality posts.
JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jarek
... The last two facts put a big question mark on the final success of this abcd
...it barely played out to a slight new high. As Jim pointed out this move finished with a clear 3D and the green set quickly did its job:
Click image for original size
RA
rat89
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Posts: 7,015
added your green set in purple
Originally posted by jarek
...it barely played out to a slight new high. As Jim pointed out this move finished with a clear 3D and the green set quickly did its job:
Click image for original size
JA
jarek
Rep: 94
Posts: 3,474
And down to the green lower ML with the help of the DB 1.27 KZ ABCD (aren't they abundant recently?):
Click image for original size
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, green line lower // hit, all Fibs hit, will it hold? I suspect not, and I'm staying short side bias until proven otherwise, but this is it for this area, the lowest is can go and still hold. Next level 26 and change...
RA
rat89
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Posts: 7,015
132.45 > 133.83 = .447 at 133.21
looks like a breakdown......is that the idea?
looks like a breakdown......is that the idea?
JA
jarek
Rep: 94
Posts: 3,474
I suspect this move down may have some legs. At the end of the day almost nobody expects anything serious to the downside with so many indexes smoking at new highs... But my itching didn't stop
JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, key .447 area, plus many other things, including an ABCD. This is a super-key area.
Originally posted by rat89
132.45 > 133.83 = .447 at 133.21
looks like a breakdown......is that the idea?