Welcome back everybody! I just returned from my longest holidays in many years. And it looks like the best trading action of the year started just after I left and lasted for whole that period... Coincidence? :-)
Fortunately charts tell us, that it should last for at least some time to come:
JI
jimkane
Rep: 3,058
Posts: 33,089
Now, might they sell this rip here? Absolutely. I'm ready for that possibility.
JI
jimkane
Rep: 3,058
Posts: 33,089
No reaction at the GZ. Watch here now, at a key line, and down to the 1.272-1.618 ext ret at 5.50-7.50. This is looking ominous.
JI
jimkane
Rep: 3,058
Posts: 33,089
6.50 is the epicenter of a key local area, but I'm not looking to pick the bottom to this selling...
