JI
jimkane
Rep: 3,058
Posts: 33,089
Interesting. It double bottoms at the ABCD, blasts up, checks back hard, then up. So, mostly 'chop' so far, with structure in the chop, and a strong bias upward, in my opinion. If they don't break this up before cash close, I'd think they are waiting for the cash close, and then they'll explode it. But who knows.
JI
jimkane
Rep: 3,058
Posts: 33,089
Nope, nothing after cash. Interesting. It was set up for a big burst up after cash, but that 92 is a brick wall for this thing. Curious how that was one of my posted levels...
RO
roofer
Rep: 3,689
Posts: 3,574
the computers obviously know that the .447 is important in the QQQ. i invite traders to do this... show how at yesterdays touch, a specific index set up .886 on gap on 5 at Xmarks spot.... and how today, that VERY SAME INDEX set up the redline green set at a much different level on today's touch of .447 in QQQ... WHILE ANOTHER INDEX SETUP THE .886 ON GAP ON 5 AT GEO at line from respected set.the work of the computers the last few days has been a thing of beauty... they are pounding the market based on the algo's but they are hiding what their intent is by hitting the different algos and rotating them through the etf's.
TX
tx_ches
Rep: -10
Posts: 514
I hope to do this eventually just not sure if it'll be tonight.
Originally posted by roofer
i invite traders to do this... show how ...
RO
roofer
Rep: 3,689
Posts: 3,574
ches... remember the are cycling them through the bear etf's also... your iwm chart will seem like a mess compared to the elegant clarity of the twm.
RO
roofer
Rep: 3,689
Posts: 3,574
remember what i said .886 on gap on 5 at geo in a set that already had been respected....


