MyPivots
Sign In
JA
jarek
Rep: 94
Posts: 3,474
Not too much activity last week in here... Has this forum already lived through its best days in the current form??
JI
jimkane
Rep: 3,058
Posts: 33,089
1.272 hit, watch what it does here.
JI
jimkane
Rep: 3,058
Posts: 33,089
The better spot is 70-71, though.
JI
jimkane
Rep: 3,058
Posts: 33,089
Like I said: KIG. If they don't come in before around 64ish, this may flush in a near panic mode. Maybe not today, maybe tonight, maybe tomorrow. But 'they' know the critical point of no return is coming up soon...
JI
jimkane
Rep: 3,058
Posts: 33,089
Watching my last level at 67.75 here before that 64ish, to see if they come in. 'They' are really taking a chance not supporting this...
JI
jimkane
Rep: 3,058
Posts: 33,089
There is also a key GZ and TL around 40, and perhaps they will wait to come in until then. Maybe they will just forsake it. I can't see how they would do that, but you never know.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm split here. Part of me thinks we may bounce hard tomorrow and make all this wonderful drop back. Another part strongly suspects we may be down 500-700 Dow points tomorrow, from here, maybe even before the open. Hmmmm. I see a total liquidation, self-feeding panic coming.
JI
jimkane
Rep: 3,058
Posts: 33,089
All this right off that 1.000 ABCD, to the tick.
JA
jarek
Rep: 94
Posts: 3,474
There was a test and retest of this upper ML yesterday, but who could ecpect, that we would reach the lower ML still today...

Click image for original size
JI
jimkane
Rep: 3,058
Posts: 33,089
Well, for someone who loves sellers more than puppies, I'd have to rate today, on a scale of 1 to 10, at least a 12. What a day.
RO
roofer
Rep: 3,689
Posts: 3,574
tonights pile post shows the discipline it takes to stick to the plan.... but simply.. if i do not, i lose my edge..
RO
roofer
Rep: 3,689
Posts: 3,574
now i an interested if it will hold that line AND give a buy signal.