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Lorn
Rep: 16,037
Posts: 1,406
Two vprofiles on this chart. Last weeks and the developing one for this week. Tight range so far this week and the bell curve shaped profile signaling a fight between bulls and bears. Interesting to note VPOC is below last weeks range.
BR
BruceM
Rep: 216,211
Posts: 19,895
abandoning short idea righ now...too close to reports and no room...
open outside of range and rejected back quick so far...waiting for 10 am
open outside of range and rejected back quick so far...waiting for 10 am
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Lisa P
Rep: 6,498
Posts: 1,428
INDU just closed its gap, bears came at 1314.25
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NickP
Rep: 7,237
Posts: 771
hi koolblue, what was the logic behind this short? thanks
Originally posted by koolblue
short from 13.50
AP
apk781
Rep: 4,392
Posts: 410
i would not worry too much abt the 10am report...it is second tier data at best...
Originally posted by Lisa P
too bad report so close
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BruceM
Rep: 216,211
Posts: 19,895
my plan is to hope for a spike higher up into 17.50 or higher and look for sells....peak volume from YD day session is 1315, secondary peak volume is up near 17.75...so target would be back down to 1315 off any higher sells...
we'll see
we'll see
KO
koolblue
Rep: 48,651
Posts: 16,032
Originally posted by NickP
hi koolblue, what was the logic behind this short? thanks
Originally posted by koolblue
short from 13.50
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KO
koolblue
Rep: 48,651
Posts: 16,032
Hoping for a move to around 1310.50 but 1312.25 has to give way first...so far by only 2 ticks. Stop is at 1315.50
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ramiegram
Rep: -5
Posts: 32
There's divergence in this market. This is a 5 min (daily numbers: 1 SMA, 3 typical SMA, & 8 EMA. The 8's leveling off and the 1 and 3 are trying to drive prices lower. Some heavy chop swings coming down the pike.
Chop I says. 12, 16, 21, 35, 43 I says.
Chop I says. 12, 16, 21, 35, 43 I says.
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