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jarek
Rep: 94
Posts: 3,474
I tried to find Jim's missing upsloping lines coming through the current area and here's what I've come up with:

Click image for original size


I'm not sure if these are the ones, but if not, that would mean there are more than 4 important lines, which would only add significance to this area
JI
jimkane
Rep: 3,058
Posts: 33,089
Flat/4PT hybrid at key line here. Now we get a clue. That 95-98 area still sits overhead. Was the 93.75 high close enough, or will this launch up and get deep into the area? Given this only set a nominal new high this AM, and this is more sideways than trending here, I'm not so sanguine about this 'ABCD' here. But, let's see.
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch out off this 90 .382 bounce and roll. Now we'll get a clue as it 'retests' the line and ABCD.
JI
jimkane
Rep: 3,058
Posts: 33,089
1-min 1.272 at SL and set line. Now we see. Follow the clues, follow the price action. I think it's going to dump...
JI
jimkane
Rep: 3,058
Posts: 33,089
Barely got that posted, and it's dump city.
JI
jimkane
Rep: 3,058
Posts: 33,089
Note that this could be a slightly tilted down standard ABCD here, so be ready in case they pop it off that.
JI
jimkane
Rep: 3,058
Posts: 33,089
My next levels, if this moves down further, are around 81.25-82.50, and 77-78.
JI
jimkane
Rep: 3,058
Posts: 33,089
There is a really, really cool line here at this 1.000/1.128 ABCD, and it sure 'sees' it. I'm wary of this area. Until it takes this out, any bounce in here isn't too in keeping with the down scenario.
JI
jimkane
Rep: 3,058
Posts: 33,089
Bounce up was a 1.272 ABCD at a .382 and X marks the spot line intersection, and down it rolls, right to the GZ. Wow, what a surprise.
JI
jimkane
Rep: 3,058
Posts: 33,089
1-min flat/4PT and down it goes?
JI
jimkane
Rep: 3,058
Posts: 33,089
Just look at them defend this at the GZ. Unreal.
JI
jimkane
Rep: 3,058
Posts: 33,089
I have no problem if you post in the Kane public area. If we get any responses at all that are even slightly critical I'm going to delete them, no response. I am not going to address posts, as I am not going to get involved in that. So, expect responses from other area public 'regulars' to get deleted. I may also post a note saying this is 'my' area, and it is not for questioning the posts, it is for observing the posts, and replies that are critical will be deleted. Just letting you know ahead of time, roofer, what I'll be doing.

As far as viewing posts, I believe you can't see charts unless you register. You can read the text, but the charts won't show. Registration is pretty easy, though.


Originally posted by roofer

it has been so long.. i have 2 questions. can anyone just hit my pivots and view the public areas.. or do they have to join? and... jim asked us not to post in public areas... i have been talking to different group of traders.... would it be ok if i did presentation in kane public area for them to see? that would be easiest for me... and who knows .. we might get some new blood.