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jimkane
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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.
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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
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
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.