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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
Bounces up to the KZ, and rolls over. Again, no surprise.
JI
jimkane
Rep: 3,058
Posts: 33,089
Now I'll watch the little GZ here for clues.
JI
jimkane
Rep: 3,058
Posts: 33,089
Look at those reactions on the tick chart off the GZ.
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jimkane
Rep: 3,058
Posts: 33,089
And the monster explosion off the GZ. No surprise at all.
JI
jimkane
Rep: 3,058
Posts: 33,089
Is that something, or what? KZ's, GZ's, it's just about watching the right areas and waiting for the algos to kick in, as they always seem to do nowadays.
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jimkane
Rep: 3,058
Posts: 33,089
Now, watch the bearish ABCD here, but I think it more wants 61 or 64 areas.
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jimkane
Rep: 3,058
Posts: 33,089
61.50... Clue time.
JI
jimkane
Rep: 3,058
Posts: 33,089
Small checkback at 61 area, then my 64. I don't think it will stop here. Trade 'o the day off that GZ. It just doesn't get any sweeter for intraday trading for me that a KZ retest at the GZ, and then straight up like a rocket ship to a new HOD. A++++++.
JI
jimkane
Rep: 3,058
Posts: 33,089
Interesting that 64 area (64.75) stopped that maniacal blast up dead in its tracks.
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jimkane
Rep: 3,058
Posts: 33,089
I'm not saying it will reverse it, only that it stopped it dead, as did the 61 area. Very curious.
JI
jimkane
Rep: 3,058
Posts: 33,089
I think they want up, big up, real bad. Just a sense I get.