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'.
JA
jarek
Rep: 94
Posts: 3,474
After reaching exactly my spot ES reversed dramatically and immediately lost 1.25 point!
Click image for original size
JA
jarek
Rep: 94
Posts: 3,474
Our guide dog will show us the way by its reaction to this bullish KZ ABCD:
Click image for original size
AL
albert
Rep: 99
Posts: 3,094
Back to my simulation trading. Nice Kane EXP ABCD completing at 0.382 fibo on a ML on SPY 233 tick.
Good Trading,
Al Kamego
Good Trading,
Al Kamego
Click image for original size
Click image for original size
RA
rat89
Rep: 0
Posts: 7,015
it's a good thing you put that line there so it can see what to to
Originally posted by jarek
After reaching exactly my spot ES reversed dramatically and immediately lost 1.25 point!
JI
jimkane
Rep: 3,058
Posts: 33,089
Being cautious here. This is so slow and grinding, everything, that some very, very short-term profit taking could start anywhere in here. I doubt it, but you never know. Maybe even two full points down in the ES... But, otherwise, I'll just almost sleep and keep an eye on this as it grinds up, in management mode.
JI
jimkane
Rep: 3,058
Posts: 33,089
Because it breaks his key set line upper //, which is confluencing with that smaller set ML, I would suspect.
Originally posted by jarek
Originally posted by rat89
one last time....mob
Why last?
JI
jimkane
Rep: 3,058
Posts: 33,089
I doubt it, but silver keeps giving me that 'waterfall' feeling in here. Just on the 1-min. With the weakening of all the 'risk on' here, this is acting like it wants to mini flush. But, I am wondering if they are just making it look that way before the next leg up... Just some thoughts on why I am getting even more cautious here...
