If they want to announce the end of the correction they have a nice spot at .382.
JI
jimkane
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Thanks for starting the topic, Marcin. Yes, there are a lot of things coming together from here to down a bit. I may (it will depend on my motivation and energy, which is sorely lacking, sorry to say, with such a low readership in here...) post a new topic showing my intermediate-term work and three incredible 'nodes' (levels, areas, whatever you want to call them), where time and price are coming together, and some potential election year scenarios where they may be used. It's all very cool, but whether I post it or not, we'll see.
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jimkane
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Sunday night GLOBEX and the futures are... up. Hmmmm, what a surprise. Let's see if they sustain. I have a feeling I'll be looking at the long side tonight. We shall see, though, those bears have had mighty strong kung fu lately.
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jimkane
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It's weakening significantly. That kind of surprises me. It looks ready for a new low for the move any second. Will they come in? I'm not so sure now, as I was just a few minutes ago...
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jimkane
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Probably just a probe of the lows and then up it goes strong. That's my guess. But let's see. You know I'm 'hoping' for the breakdown.
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jimkane
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This 88.25 at the 1.272 and a 1-min SL, though, it may have trouble with that.
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jimkane
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It just 'feels' like they are going to gun it up any time now. Is this 87.25 it? I'm not trying to 'guess' the bottom here, just saying I'm very nervous in here that they will come in on one of these stalls like crazy.
