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JI
jimkane
Rep: 3,058
Posts: 33,089
Wow, that was a sweet little 1-min bar stop run breakdown there. I love it. Maybe that's all the downside it has, though. You know the games they like to play before they do a Sunday night GLOBEX/Monday run up. But, one of these times we'll get some real downside... It's sure all set up for some right now, as discussed previously. I'm patiently (Hah!) waiting for it...
JI
jimkane
Rep: 3,058
Posts: 33,089
23 and change next? Or will this bearish ABCD do any more? I think they will try for the recent swing high, to gun that. But, it's just indecision so far today.
JI
jimkane
Rep: 3,058
Posts: 33,089
23 and change...
JI
jimkane
Rep: 3,058
Posts: 33,089
It does look strong, though, so it may now be ready for taking out all those highs into the close.
JI
jimkane
Rep: 3,058
Posts: 33,089
Look at it sell off that 24! I'd say 24 is close enough to '23 and change'. Amazing. I thought they'd try to push it some more. Let's see what they do on this checkback.
RA
rat89
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Posts: 7,015
iwm blew out the short earlier....not a super dependable one, at least not in the current happy climate...

but maybe it had to get up here:


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JI
jimkane
Rep: 3,058
Posts: 33,089
Gold just took out the new high for the entire move since the Dec low that it set earlier today...
RA
rat89
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Posts: 7,015
61.70 is a big deal


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FI
fib21
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Posts: 40
Potential bullish trend direction ABCD at 21-22 on the 3 min.
FI
fib21
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Posts: 40
1 min. actually
JI
jimkane
Rep: 3,058
Posts: 33,089
Amazing reaction at 21.25 off your 21-22 area. Nice.
JI
jimkane
Rep: 3,058
Posts: 33,089
I think it also pays to look at other markets when doing 'intraday swing trading' (daytrading to most). Gold, the currencies, and crude were anything but dead today.