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jarek
Rep: 94
Posts: 3,474
This is already 70 points straight down. If this rising TL doesn't stop this, it could go much lower:
JI
jimkane
Rep: 3,058
Posts: 33,089
Wow, holy cow, look at that move off the GZ. I just love this methodology.
JI
jimkane
Rep: 3,058
Posts: 33,089
Watching 1199.75-1200.75, but keep an eye on 1198.50 on the way. That's the general area.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, it goes to 98.50 to the tick and checks back, and then goes to 1200.25. Hmmmm, how's that for a read? I'm not thinking this is going to reverse, since these are just super-low timeframe areas, and this appears to be pushing up off a much higher timeframe platform. But, let's see what it does.
JI
jimkane
Rep: 3,058
Posts: 33,089
One last push to 1201, and it's rolling over a bit. What happens now will be a useful clue for me.



