Let's see if this works....never tried to start a new topic...

having bounced off the .886 friday, will it aim into the area of interest up at the .886 of last week's high, or into the box at 1.128 - 1.27, and what will it do up there?

There is some symmetry in that both blue arrows are at .886....ultimately you might expect a move that mirrors the mid march - may move, but without a significant pullback into an abcd, which we haven't seen yet?

If this can sell at all (yeah, right), I have a key area around 94.75-96.25. There are some minor levels on the way down, at around 1302.75 and 1300. Below the key level I am watching around 1290.50. I will refine the last level if this does any real selling. Somehow I'd think they'd vigorously defend the lows, which, give or take, have been rigorously defended at least eight time so far since Wednesday by my count. So, probably that 4.50 level we just hit will be it...

It needs to take out this GZ if it is too have any chance of selling. I just don't see it... But, what a stop run it could be.

There is just sooooo much below, in layers, where they will want to defend this. It's not technically strong stuff, just the kind of stuff (GZ's, TL's, 'lateral support' areas, etc.) they seem to always jump on when trying to artificially keep the market up. I just don't see them letting this go into a Friday close. But, I'm very short-term intraday short side bias, so I'll just see what they do, and get ready to get off that side ASAFP when they gun it.

Like I said...

Once again, like I said... The game goes on, always the same for these guys.

If it gets up over this ABCD here I'll watch 10.75-11.50 next.

Then 13.50-14.00. Note the HOD is at 14.00.

Right to the first area, which stopped it dead. Now we see. Small checkback and then up and over? Tiny checkback, only this three ticks? I bet that's it.

So, let's see if that little three tick checkback acts like a 'W4', and this last push here to 11.50 was it, and now it checks back a bit more. Or not.

I think the odds are high they want to squirt this up to the next level, or two.

roofer,

I am very sad to hear about your recent misfortune. I will keep you in my prayers. I pray you have a complete recovery and return to your full strength and health. God bless you.

Good Trading, Al Kamego