starting the topic a little early

That read was dead on.

Originally posted by jimkane

Very odd tick chart/1-min behavior here says maybe it's about to explode up?

Here's a chart:





Chart created on QCharts, courtesy eSignal

Originally posted by jimkane

That read was dead on.

Originally posted by jimkane

Very odd tick chart/1-min behavior here says maybe it's about to explode up?

Everyone should go back and read my comments to see how I assessed this as it was unfolding. Notice, now, it is right back to the higher TL's and price flow. Now we see. If that gives way (I think it will, and soon), this will be free to set a new high for the move.

Originally posted by jimkane

They never cease to amaze me. But, I still think this will be a fake down, not a sustained move, and they'll try the upside again. I'd love to be 'wrong', and have this dump hard, but I just don't trust them when they make it seem so obvious.

The machines totally tipped their hand that they were about to activate, just as they did on Monday night, and as they did last Thursday. They have some tells I can see a mile away.

Get ready...

What a short-term key area here. It should give way to the upside soon, I think. I'd be quite shocked if it rolled off it. Maybe in 'the old days'...

There it is! (in my best Laurence Fishburne voice, from the movie 'Searching for Bobby Fischer', as I have explained before several times).

As it is written, so shall it be...

Now the 'backtest' of the breakout area (I may post a chart for this later). This is do or die for them. It may be all they could do was the 'breakout', and no more. We shall see. All I knew is they want to do what just unfolded, like all get out.

The 'backtest' fails. Is it a fake out failure, or a genuine one? Again, we shall see.

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