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?
JI
jimkane
Rep: 3,058
Posts: 33,089
I'll be watching 1319 next. There is a minor area around 17.25-.50 (the ABCD).
JI
jimkane
Rep: 3,058
Posts: 33,089
Before dropping a little NFLX went ahead and set another new all-time high today. On a day like today!
JI
jimkane
Rep: 3,058
Posts: 33,089
Well, look at that. Right down off that first level and ABCD. Now, that's weak! But, watch the GZ, as I'm not sure it will set another new low today.






