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JI
jimkane
Rep: 3,058
Posts: 33,089
Well, will it gap up and make me cry (actually p#%& me off to no extent*...)? Can it keep running after going essentially straight up over 63 points? Will it blow out my great areas, as seen in rat's charts? Are the odds really what I think them to be, 0.0001% that it could go down here? These, and many other interesting questions, are about to be answered...

*Understand that I would be p#%&ed off to no extent not because I don't think this upside has been tradeable (I think it was highly tradeable), but because I want the market to be allowed to 'do the right thing' and move to fair value. I'm just sick (sick) to my stomach over this endless manipulation. The worse the situation gets, the higher the market goes, and the more the 'bulls' talk about how fair value is much, much higher. Ugh.
JI
jimkane
Rep: 3,058
Posts: 33,089
Indications right now are for an ES open at 79.00, down 3.50 points. I'd love to see it open down and sell off a bit, but I suspect if they even leave it indicated at this level up to the open they may come right in as strong buyers on the open. Well, I'll keep my fingers crossed for some selling, but I just don't see it...
JI
jimkane
Rep: 3,058
Posts: 33,089
So far straight up off the open. Let's see if that can sustain.
JI
jimkane
Rep: 3,058
Posts: 33,089
It's just teasing me and teasing me. C'mon, baby, dump. Yeah, like I'll get my way...
JI
jimkane
Rep: 3,058
Posts: 33,089
It seems like it is going to start moving up off this spot now. I hope I'm 'wrong'...
JI
jimkane
Rep: 3,058
Posts: 33,089
I think that read is going to go down as one of my better ones. We shall see.
JI
jimkane
Rep: 3,058
Posts: 33,089
Now, if I get 'lucky' and get to say 'Phew!' and this ledge here gives way, I'm watching around 74.50-75.25. Right below that is the .382/.447 from around 70.50-72.75. I feel like I'm trying to fight for scraps, rowing upstream even thinking about anything shortside...
JI
jimkane
Rep: 3,058
Posts: 33,089
There are some minor things here, and given how this is barely able to grind down, who knows, that may be it. I'd like to at least see how it handles the two areas I posted, and even have a chance to fail at them...
JI
jimkane
Rep: 3,058
Posts: 33,089
Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz.
AL
albert
Rep: 99
Posts: 3,094
Interesting 5 minute island bottom. Gap up is 0
886 gap down! Gap finally closed.

Al Kamego
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AL
albert
Rep: 99
Posts: 3,094
Full Moon ahead.


http://jahbulon.com



Al KaMEGO
RA
rat89
Rep: 0
Posts: 7,015
Thanks....I'll take your educated guess over most people's predictions any day