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JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, no one has started the new topic, so here it is. Silver ready to hit 48, gold at another new all-time high, ES futures are up and rising, the Aussie is looking strong, CL another new high for the move, and working on that contract high. Same old, same old. 'Risk on'.
TX
tx_ches
Rep: -10
Posts: 514
AMZN 1 minute with regression channel.
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JI
jimkane
Rep: 3,058
Posts: 33,089
And there's another new all-time high for gold. Wheeeeeeeeeeeeeeeeeeeeeeee, look at those stops get hit.

There's an intraday silver play unfolding, and that took advantage of the pop to take out the top of its range. Sweet.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, watch for one of two things. A fake just below the channel (and TL, for all those watching that), and then up, or a breakdown, especially if it drops below, then goes back in, then rolls.

Originally posted by tx_ches

AMZN 1 minute with regression channel.
Click image for original size

JI
jimkane
Rep: 3,058
Posts: 33,089
Silver up nearly a buck in barely a few heartbeats...
JI
jimkane
Rep: 3,058
Posts: 33,089
AMZN set up for the latter scenario. Let's see if they do it. Somehow, I am just having trouble seeing them 'taking profits'.
JI
jimkane
Rep: 3,058
Posts: 33,089
OMG, look at silver go! Gold, too, but silver is just nuts. Now, that's a play. Wow.

BTW, AMZN not acting like it will break down at all, I expect them to come in for it any second now.
RA
rat89
Rep: 0
Posts: 7,015
abcd's in every direction?
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JI
jimkane
Rep: 3,058
Posts: 33,089
Oh, forgot to mention the ES hits another 'bulls#%&' market high in all the commotion.
JI
jimkane
Rep: 3,058
Posts: 33,089
The way AMZN is creeping under that line, though, and forming a little bearish pseudo-4PT, they better come in for this soon, or it's looking dangerous. By 'dangerous', I just mean on the 1-min.
JI
jimkane
Rep: 3,058
Posts: 33,089
Thar she blows???
JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jarek

10th bullish ABCD in the recent uptrend in the making?...
This must be really boring for all long on EUR...


Almost fully completed now:

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