I tried to find Jim's missing upsloping lines coming through the current area and here's what I've come up with:
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
Insane area to area indecision. Right back up to the line that sent it down earlier, and down it does again. I still think it wants to finish higher today, but it is very weak. So, when I see it pull back to a KZ in here, every time I watch to see if it is the launchpad for the up and over move.
JI
jimkane
Rep: 3,058
Posts: 33,089
If they don't pick this up after this push down here this could sell off hard.
RA
rat89
Rep: 0
Posts: 7,015
feels like it goes hard, but which way?
Originally posted by jimkane
Yes, that speaks for a decision soon. The creep breaks up?
Originally posted by rat89
79.47 at the .50
time to decide!
JI
jimkane
Rep: 3,058
Posts: 33,089
56 is a key level, and would make for a nice stop run on yesterday's low. It seems like they plan to defend this, but you never know. I'm short-side bias intraday right now, in case...
JI
jimkane
Rep: 3,058
Posts: 33,089
Let me rephrase that. 56 is a key intraday level it may shoot for if it decides to sell into the close. 56 is not significant to me outside of that. It is in the midst of all those other lows it has set recently.
JI
jimkane
Rep: 3,058
Posts: 33,089
Note, too, the low we just hit is another big GZ off yesterday's low. So, if they are going to defend this into the close, this is the spot I'm watching.
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.
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.


