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SI
sirios
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Posts: 157
This time I'm starting weekly topic.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'll send you an e-mail, roofer.
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jimkane
Rep: 3,058
Posts: 33,089
Keep an eye on around 50.75-51.25, but I doubt that will do much, on the way to my next level around 57.25-58.00. After that 63.75-64.50 or so. I think the 'best bet' is it wants that middle level. I'd be shocked if it doesn't get there by the open. But, sometimes they like to sell it into the early AM for better prices, and then make their move.

Maybe they go to this area and then drop it into the early AM, then go for a big move. Just some scenarios and levels that I am watching. Hey, maybe they kill it from this exact spot the second I post. Who knows. I just know where I want to be looking. Recall, my bias is long from the Friday low. Now I see just how serious they are.
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jimkane
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Posts: 33,089
First level hit. Let's see. And what we see is it could care less about this area?
JI
jimkane
Rep: 3,058
Posts: 33,089
Like I said... Now the acceleration phase for the new highs for the move (and then for the entire 'bulls#%&' market). Any second now...
JI
jimkane
Rep: 3,058
Posts: 33,089
Good thing I took a looooooong nap earlier...
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jimkane
Rep: 3,058
Posts: 33,089
But, be cautious here at 2 ticks below the high. Plus or minus 1-2 ticks is the tick game zone we see so often...
RA
rat89
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Posts: 7,015
fascinating place to open


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RA
rat89
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Posts: 7,015
now what?

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jimkane
Rep: 3,058
Posts: 33,089
48.75-50.75 here is a very key area. I really doubt it will stop it, but it is a bearish 'W2' ABCD at a key confluence, so it bears watching.
JI
jimkane
Rep: 3,058
Posts: 33,089
The next level is a beauty at 51.75-52.50, noting that the high for the move so far is 52.75. If they get this close, after the tries so far, I doubt it would want to roll over again. After that, around 54.75-55.75 area. But the cart is in front of the horse right now, it still has to hack this bearish 'W2' ABCD.
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jimkane
Rep: 3,058
Posts: 33,089
Well, I was feeling under the weather, and that's why I didn't post those days, but that wasn't related to my puking comment there. Just a coincidence.

Originally posted by MarcinO

That's what I suspected more or less from your commentary as a whole.
I wrote that post as it was unusual for you not to comment for a few days but didn't refer to the one particular sentence.

Originally posted by jimkane

You do know I meant puking from making yourself sick from the ethical dilemma of holding your nose and buying this overvalued, manipulated POS market, right?


Originally posted by MarcinO

Good to read your comments again Jim

I hope you'll get better soon

Originally posted by jimkane

Nice day. Same old, same old for the maniacs. Nothing has changed, or likely ever will change, in the era of infinite money printing. Hey, as long as it still follow the tools, I guess you hold your nose real hard and do what you got to do... And try not to puke too much.