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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
Note this is also back to that same cool line, and another X marks the spot. So I can see why it is struggling here. For now...
JI
jimkane
Rep: 3,058
Posts: 33,089
And the operative phrase was 'For now'.
JI
jimkane
Rep: 3,058
Posts: 33,089
Now, this may be too many levels, but between my two posted levels I also have some confluencing at 79.25-.50, so I will be watching how it acts there, too, just not as a 'primary' level.
JI
jimkane
Rep: 3,058
Posts: 33,089
One more thing (although I think I've posted too many things already). This could be a DT ABCD right in here, so watch for that. See how it acts if it bounces off this. I'd expect it to bounce some regardless.
JI
jimkane
Rep: 3,058
Posts: 33,089
And there's the bounce, right on cue.
JI
jimkane
Rep: 3,058
Posts: 33,089
Right to a KZ and line, and then a new low for the move. 'Too easy'.
JI
jimkane
Rep: 3,058
Posts: 33,089
Thar she blows.
JI
jimkane
Rep: 3,058
Posts: 33,089
Time for a famous Jim'ism: 'Got you, you oinker!'. Within a tick, first area hit. Time for an obligatory bounce?
JI
jimkane
Rep: 3,058
Posts: 33,089
There is a fair amount of 1-min volume, so unless they really crush this, it should be close to a bounce. I'd love to see it do a little roll deeper into this first area, if they are almost done here. Of course I'd really like them to do a big climax and drop it to the next level for me.
JI
jimkane
Rep: 3,058
Posts: 33,089
And there's a new low for the move, off a small tick chart flat/4PT. How curious, and interesting, how it keeps setting up/doing/'seeing' that variation of the pattern today.
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.