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JI
jimkane
Rep: 3,058
Posts: 33,089
T minus 5 minutes and counting... But we already have some indications from the spot FX market.
JI
jimkane
Rep: 3,058
Posts: 33,089
First line hits around 34. This is sooooo close and it's a big area. I'd really like it to get deeper in...
JI
jimkane
Rep: 3,058
Posts: 33,089
15-min SL here. It would be really cool if it dropped below that to finish this off into my area. But, it may respect the SL, so be watchful of that.
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jimkane
Rep: 3,058
Posts: 33,089
It sure 'sees' that SL.
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jimkane
Rep: 3,058
Posts: 33,089
O'Bummer yapping on TV, right as the SL is showing a reaction, and it shoots up. Gimme a bounce and roll down through to deep into my area, please...
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jimkane
Rep: 3,058
Posts: 33,089
Okay, huge up now?
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jimkane
Rep: 3,058
Posts: 33,089
Nope, relentless sellers (my best-est friends in the whole wide world) just keep coming. The 'bulls' had a great chance there to kick off a short-covering rally, and they couldn't do it...
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jimkane
Rep: 3,058
Posts: 33,089
Still, watch for a lower high here on the 1-min chart, in the GZ.
JI
jimkane
Rep: 3,058
Posts: 33,089
It needs to blow that out to the downside.
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jimkane
Rep: 3,058
Posts: 33,089
And it does. Dow down almost 5 bills, my 1120-30 area now fully hit (and another area posted in advance gets hit). But, will it stop this? roofer has tons of areas hit. It should start an up leg in here, right? If not, it implies, to me, a panic collapse coming. I am not discounting that, the way it is acting. Look at the beloved financials. The banks, GS, they are getting trashed. Hammered. Collapse is not out of the question.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, worth a shot in here? You buying, roofer? Talk about no confirmation...
JI
jimkane
Rep: 3,058
Posts: 33,089
And then right back down into the close! Too funny.