JI
jimkane
Rep: 3,058
Posts: 33,089
Just a few hours until my favorite trading time of the entire week. So, how big a gap up today? Slight gap and run? Big gap and slow grind up? After all, it's Sunday in GLOBEX, the only direction is up, right? Recall how they closed this right at a key area. Now, geometry says this may be headed down, right? Yet they like to gun things on Sunday night GLOBEX/Monday. All starting from a big coil. I can't wait...
JI
jimkane
Rep: 3,058
Posts: 33,089
I guess yesterday's 7 point RTH range wasn't tight enough. 6.25 so far today. Nice.
JI
jimkane
Rep: 3,058
Posts: 33,089
And yes, they are making it look, right now, like it is about to explode up.
JI
jimkane
Rep: 3,058
Posts: 33,089
Took out the overhead TL, and the GLOBEX high by one tick. Now, watch what happens next.
JI
jimkane
Rep: 3,058
Posts: 33,089
It's curious, too, that in like seven minutes the Fed's 'Tan' Book report comes out...

