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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:
JA
jarek
Rep: 94
Posts: 3,474
It was a long time since you posted this setup last, wasn't it?
JA
jarek
Rep: 94
Posts: 3,474
I wonder which line will give way first:

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RO
roofer
Rep: 3,689
Posts: 3,574
YEP...all we know in advance is that it blows into the market unannounced, becomes the dominant algo for a while, then is gone....
JI
jimkane
Rep: 3,058
Posts: 33,089
Be cautious in here.
JI
jimkane
Rep: 3,058
Posts: 33,089
Comes right back in off that area, right to the first KZ, then they come in hard. Looking good.
JA
jarek
Rep: 94
Posts: 3,474
I thought that after this test and retest of the lower ML, there should be now clear sailing to the Schiff major ML:

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JI
jimkane
Rep: 3,058
Posts: 33,089
So, looks like at a minimum they want to go + on the day. I'm looking at roughly 1171 and 1182 next.
JI
jimkane
Rep: 3,058
Posts: 33,089
This is a tough area in here, though, and they'll have to prove themselves shortly.
JA
jarek
Rep: 94
Posts: 3,474
I have also such a DB ABCD at 65:

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JI
jimkane
Rep: 3,058
Posts: 33,089
Again, caution in here...
JI
jimkane
Rep: 3,058
Posts: 33,089
I think they want up, big up, real bad. Just a sense I get.