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JI
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.
RA
rat89
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Posts: 7,015
a stack of 4 fibs.... 1.27, 1.618, 1.618 and 1.27


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JI
jimkane
Rep: 3,058
Posts: 33,089
Nice charts, rat.
JI
jimkane
Rep: 3,058
Posts: 33,089
The ES looks to have started its ascent. Notice how CL initially led the way. I'm talking very short-term here. That was indeed 'the low' in the ES I noted in 'real-time'. Watch the possible ABCD coming up in here (1.000 @ 95.25). I have a couple of levels above that as this nears the high, but instead of posting them I'll let everyone figure them out for themselves. Once those are breached, then recall the two levels in the 13's that I posted before. It is likely going to want them if the 'top' isn't in.
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rat89
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rat89
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Last night I was kind of thinking we had to see a new high on qqq and a retest on the others. up volume is 4x down volume right now. is this a fakeout?


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AL
albert
Rep: 99
Posts: 3,094
Price reversal at 0.954 /1.128 fibo/SL confluence at 0.500 Low-to-Hi retrace.

Al Kamego
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rat89
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Posts: 7,015
spy dbs
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rat89
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duh! wake up rat


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JI
jimkane
Rep: 3,058
Posts: 33,089
Nice charts, crew. All I can say is, if they plan to dump this, they have to do it here. Okay, they can actually dump it anywhere they want. But from a technical perspective, this is it. If they want to do it pretty, they have to do it now.
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rat89
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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.