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jimkane
Rep: 3,058
Posts: 33,089
At least we have a Sunday session to work with... Given the run up into the aftermarket close on Friday and the 'news' that the joint Israeli/US military exercise will be postponed, the market could really gap and run. On the other hand, we are hitting into a super-key area for the intermediate-term, and if the 'top' is in, this is an area it really should roll down off of. I think we are at a crucial time/area. I'm looking forward to this week.
JI
jimkane
Rep: 3,058
Posts: 33,089
I don't know, I'm going to be surprised if it can even get below this 6.75. Imagine, fighting and arguing for two points. Geez. This low volatility is just nuts.
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jimkane
Rep: 3,058
Posts: 33,089
Yaaaaaay, another breakdown of a whole point! Yay.
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jimkane
Rep: 3,058
Posts: 33,089
This 5.75 is an obvious TL and key Fib area. That may be it. Time for them to gun it up hard. We'll see.
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jimkane
Rep: 3,058
Posts: 33,089
6.75 point range for going on like 29 hours now...
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jimkane
Rep: 3,058
Posts: 33,089
12.25 point range for about 49 hours now...
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jimkane
Rep: 3,058
Posts: 33,089
It's looking like 5.75 will be it.
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jimkane
Rep: 3,058
Posts: 33,089
What I wouldn't give for some real, high-volume sellers to whack this here...
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jimkane
Rep: 3,058
Posts: 33,089
I'm watching 7.75-8.50 on the way up, but if it rises to there, I can't see it stopping without seeing the new high for the move.
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jimkane
Rep: 3,058
Posts: 33,089
And up it goes. Pretty obvious game they are playing, in my opinion.
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jimkane
Rep: 3,058
Posts: 33,089
7.75 hit...
JI
jimkane
Rep: 3,058
Posts: 33,089
It couldn't reach for the level I was watching, that will have to wait for Sunday night GLOBEX, but it did set the new high for the entire move by one tick! These guys, they are so funny. See ya all Sunday.