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jimkane
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Darn, I was watching the ES, it opened and dropped right to a line I was watching, to the tick, and started up. I got a buy trigger. I decided not to post on this. My motivation wanes from time to time, as I get so little interaction on all my posts. Now the ES is up almost 20 off the low, much more than I expected by now. It's really getting ramped hard. Oh, well, I wish I had posted it as it was happening. I used a really cool line technique to get my line. I had it on there shortly after Friday morning got started.
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jimkane
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I decided to try and switch to very short-term short intraday bias off that high. Normally I never fight a trend day, but this time I felt it was worth a shift in here.
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jimkane
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I don't expect it to drop much more (and this stab up here may be it), but in case, I thought it was worth the shift.
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jimkane
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SPY .886 gap on 5 at geo at 118.77. Unless I am misinterpreting something. Wondering if it will see it...
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jimkane
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Staying short-side bias on this grind, but not sure it isn't going to snap up hard any second...
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jimkane
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So, as this heads up, I'm watching that .886 area next, which it now seems clear it wants.
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jimkane
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I need to make this clear. I am still very short-term intraday short side bias here, waiting to see if this finally shakes out to the downside. All this may be a complex 'W2'. Probably not, but that's what I want to see. If it heads up to a new high for the move at that .886, then I can act on that. Until then, I wait and see.
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jimkane
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Now, will this bullish TD send this up to the .886? We'll see. I'm staying short-side bias. They want to shake me off that, but they just can't...
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jimkane
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Okay, not trying to be overly critical, just making sure I understand what you are saying.
Originally posted by MarcinO
Of course I meant KZ. I'm sorry if I confused anybody.
I'm quite bussy at work nowadays and I can hardly post charts, which resulted in an obvious mistake.
Originally posted by jimkane
Marcin, do you mean KZ?
Originally posted by MarcinO
Gold stucked a bit in the GZ reacting off upper //