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jimkane
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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
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Notice, now, the possible TD/flat ABCD here at the lower end of the initial level I mentioned. Next test here, so to speak.
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jimkane
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If they can handle that 5.50-7.00, I'm really hoping for 2.00-2.50, but there is a minor area around 4.00-.25 to keep an eye on. Now we see if this area here is it...
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jimkane
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It's a very labored drop. That makes it vulnerable to a snap up manipulation any second. Too bad it can't just do an impulsive sell...
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jimkane
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Posts: 33,089
They couldn't even push it fully into the heart of the area. 'Nothing but buyers'.