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JI
jimkane
Rep: 3,058
Posts: 33,089
Jim must be very, very happy, because the futures opened... down. Just three points now from the low for the entire move down. Can't imagine they won't try for that. It should bring on a nice flush down, but nowadays they may defend it, or guard against a big stop run, who knows. I still think they may gun this up at some point, but maybe not. I just know I'm not marrying any positions the way they like to come in.
JI
jimkane
Rep: 3,058
Posts: 33,089
These guys are too funny. Like, how easy was that? I mean, it was as easy as anything I have ever seen in my entire career.
JI
jimkane
Rep: 3,058
Posts: 33,089
Now, I'll say this as an obligation. It won't matter. Watch 13.75 for clues. I already 'know' what the clue will say.
JI
jimkane
Rep: 3,058
Posts: 33,089
And I already 'know' what it will do with its obligatory move. Why? Because they are following the same script I see them do time and again in this type of situation...
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, 'showtime'. Watch the 1-2 tick game. Watch 9.75 here like a hawk.
JI
jimkane
Rep: 3,058
Posts: 33,089
Look at that literal shelf (on a tick chart) at 9.75 (the .886). For now...
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, heads up. 1 tick below it. Careful for the explosion up now. What a battle here! 'They' know what happens if they take out the LOD and let them have their way. This must be rigorously defended.
JI
jimkane
Rep: 3,058
Posts: 33,089
Get ready...
JI
jimkane
Rep: 3,058
Posts: 33,089
And it was as if Jim rang a bell to start them...
JI
jimkane
Rep: 3,058
Posts: 33,089
Look at them defend that low!!!
RA
rat89
Rep: 0
Posts: 7,015
yeah...they don't want to let it go
JI
jimkane
Rep: 3,058
Posts: 33,089
Hey, I just realized I crossed 15,000 posts a few posts back. Wow.