JI
jimkane
Rep: 3,058
Posts: 33,089
Watch this little bearish ABCD around 70. I don't think this nice area will turn it down, but it is worth watching anyway.
JI
jimkane
Rep: 3,058
Posts: 33,089
For smoothness of intraday trends on say a 1-min, I rate today pretty close to a 10 out of 10.
JI
jimkane
Rep: 3,058
Posts: 33,089
Now watch the bigger bearish ABCD in here. It still looks 'up' to me, so that would make this more like a 'W3' in here, but we'll see. The sellers may still come back in.
JI
jimkane
Rep: 3,058
Posts: 33,089
By bigger, I mean bigger than the ABCD that would now be part of the AB leg of this pattern, but it's still just a 3-min pattern.

