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JI
jimkane
Rep: 3,058
Posts: 33,089
I have to start the topic again? C'mon, let's get some volunteers in here. Okay, Sunday night showtime, let's roll.
JI
jimkane
Rep: 3,058
Posts: 33,089
Lower high with an ABCD now. I'm staying short-side bias, ready for a crush. In case...
JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jarek

Originally posted by jarek

Decisions need to be made in Crude soon...

Crude only accelerated down through my area ... This might be a long day for all the bulls out there

I think it really was! This is probably the biggest one day drop in Crude ever:

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RA
rat89
Rep: 0
Posts: 7,015
woof


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JI
jimkane
Rep: 3,058
Posts: 33,089
Looking at that bigger KZ and line area. .382 @ 23, .447 @ 14.50, best line at around 17.50. If this quick move down doesn't finish it here.
JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jarek

... They can reach the lower target zone for the move off our bearish ABCD still today...

Almost there after a bounce failed at ML:

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JI
jimkane
Rep: 3,058
Posts: 33,089
Careful, that may be it, and a short-covering pop could be brutal. I'm watching it, seeing what it does.
RA
rat89
Rep: 0
Posts: 7,015
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JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, laugh all you want, I'm intraday long-side bias now.
JA
jarek
Rep: 94
Posts: 3,474
I will not laugh at all. We had overshot at upper ML so undershot at the lower one was possible:

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JI
jimkane
Rep: 3,058
Posts: 33,089
Right here is the line and 'W2' retest point. If this doesn't send it up I'd be looking to scratch this.
AL
albert
Rep: 99
Posts: 3,094
jarek,

Very impressive work!

Good Trading,

Al Kamego