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MarcinO
Rep: 67
Posts: 5,506
I'm starting this week.
JI
jimkane
Rep: 3,058
Posts: 33,089
One tick from the LOD, and it 'sees' it. Watch this closely.
JI
jimkane
Rep: 3,058
Posts: 33,089
You're all watching this, right?
JI
jimkane
Rep: 3,058
Posts: 33,089
LOD to the tick, and it explodes up like a rocket. Wow, am I surprised.
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch this 85.50 very closely, for clues.
JI
jimkane
Rep: 3,058
Posts: 33,089
Handled that easily. Now watch the TL here for the next clue. But, like I said, and expected...
JI
jimkane
Rep: 3,058
Posts: 33,089
Not bragging or anything, but... 'So it is written, and so it shall be...' Again.


Originally posted by jimkane

Just a little note here. It may not happen, but it is interesting enough to mention. When I see a slow illiquid low volume grind down like this, but no real sellers, especially when it gets to a GZ like here, it frequently pops up hard, making up the grind that took hours in minutes. Just something to watch for.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, this gives every indication that the 'correction' is over and new highs are on the way. We'll see.
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size
AL
albert
Rep: 99
Posts: 3,094
Nice chart rat.

Kane TD ABCD, 3D, DBS. Well, my Trading Plan will not allow me to trade against a Kane ABCD, and as Jim says in his books, be very cautious about being in the market before a report comes out.

Al Kamego


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jimkane
Rep: 3,058
Posts: 33,089
SI
sirios
Rep: 0
Posts: 157
Thank you, Jim. Your answers really help me.