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JA
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
Just look at this go!!!
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.
RO
roofer
Rep: 3,689
Posts: 3,574
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RO
roofer
Rep: 3,689
Posts: 3,574
again, this is so classic

1st cci 40 goes brown

then cci 40 and 120 go brown

on the next trip down for the cci40,cci120, at the exact moment cci480 is sitting on -100, price and time sq... the geometry must be there.
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RO
roofer
Rep: 3,689
Posts: 3,574
Click image for original size
RO
roofer
Rep: 3,689
Posts: 3,574
and i am sure eagle eyed jarek already saw this....
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JI
jimkane
Rep: 3,058
Posts: 33,089
ES buy signal right there???
JI
jimkane
Rep: 3,058
Posts: 33,089
I think they want up, big up, real bad. Just a sense I get.