MyPivots
Sign In
JA
jarek
Rep: 94
Posts: 3,474
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
Let's see what it does with that 1206.75 key previous high. I can't imagine if they want a bigger correction that they don't first try to game all those stops up there.
RO
roofer
Rep: 3,689
Posts: 3,574
nflx here.....
JI
jimkane
Rep: 3,058
Posts: 33,089
Here they go. They look to be taking at run at that previous high.
JI
jimkane
Rep: 3,058
Posts: 33,089
Be very watchful for the stop run and drop scenario. Sometimes by just a few ticks.
JI
jimkane
Rep: 3,058
Posts: 33,089
Unless they chicken out just three ticks away...
JI
jimkane
Rep: 3,058
Posts: 33,089
I don't see that, but I'm always on red alert for it, in case.
JI
jimkane
Rep: 3,058
Posts: 33,089
Boy, that previous high scares them.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, they got their base to launch off of for those stops, an extended ABCD. Now we see if they have the stones for it.
JI
jimkane
Rep: 3,058
Posts: 33,089
Today is the lowest volume in two months on the NYSE.
RA
rat89
Rep: 0
Posts: 7,015
spy .886 right there.....do we get a reaction?
RA
rat89
Rep: 0
Posts: 7,015
finally...


Click image for original size