starting the topic a little early

wow

Nice charts and comments, crew.

am i nuts? could they snap it up hard on this failure to break it?

Oooooh, they want to dump this...

Yes, they could snap it up. I thought they might as it started to rise there. Now we are seeing another 'test' of that low, and it looks like they want to drop it some. That may trigger the snap up, either as the 1 or 2-tick game, or if they flush it a little. But something is likely to happen very soon in here.

Originally posted by rat89

am i nuts? could they snap it up hard on this failure to break it?

Just got that posted and they opted for the quick flush. Now we see. I'm 'hoping' for sustained selling... Mostly probable is the snap up now.

CL weakening quickly on the tick chart. Watch this.

CL really something on the tick chart.

There really is no 'standard' support until the areas of those recent lows in the mid and upper-50's. I'd think it has to fully 'test' those from a traditional standpoint. Hopefully they will give way and we'll see that 30's area I mentioned. But, we know that manipulation allows for huge pops up where no support of any kind exists, if that is what they want...

How about a bullish ABCD right in here, right at that critical 70's area it stalled at on the way up? Oh, yeah, I'm watching that. I'm thinking it won't send it up, in favor of it testing the air pocket below, but we'll see.

Watch this mini GZ here. I just don't trust 'em...