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albert
Rep: 99
Posts: 3,094
Here is the TD page for the upcoming week.

Al Kamego
JI
jimkane
Rep: 3,058
Posts: 33,089
So, did they shake it out enough? The 'up' I was sensing has now started? Can't wait to see.
RA
rat89
Rep: 0
Posts: 7,015
rofl

Originally posted by jimkane

So, are you referring to this forum, or to the fading Occupy Wall St. movement?


Originally posted by rat89

meanwhile....

Click image for original size


JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I'm saying this tongue in cheek: I'm long so many ES contracts now I can't even count them all... :-)
RA
rat89
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Posts: 7,015
Click image for original size
JI
jimkane
Rep: 3,058
Posts: 33,089
rat, can you update that IWM chart for us?
JI
jimkane
Rep: 3,058
Posts: 33,089
Sweet close at the low for the day. Talk about weak. Jim is loving this action. Jim loves the short side :-)
JI
jimkane
Rep: 3,058
Posts: 33,089
There it is! New low for the day.
JI
jimkane
Rep: 3,058
Posts: 33,089
Now, everyone saw the obvious flat ABCD this sold off of, right? It's impossible to miss on the chart (look at a 15-min), in my opinion. That's what it is all about.
RA
rat89
Rep: 0
Posts: 7,015
sure, here it is

Originally posted by jimkane

rat, can you update that IWM chart for us?



Click image for original size


possible 5 point setting up? watching 6541, 6401


Click image for original size
JI
jimkane
Rep: 3,058
Posts: 33,089
Thanks, rat. Just pondering if this was a headfake downside break on that first area, or if it wants the lower confluence you showed there. I still see this as a bottoming process for a snap move up. But, I'm starting to think this could be a 'wave 3' flush out in progress, too. I'm short side bias, riding the flow so to speak, but super wary in here that a bounce is due any second. That's my take (and hence my tongue in cheek trying to capture a teachable moment comment last night about having so many long ES contracts I couldn't count them all. I was trying to sound like a newbie trader/TV analyst to get the point across.).
RA
rat89
Rep: 0
Posts: 7,015
nice roofer.....i'm convinced you must be a wicked tennis player