JI
jimkane
Rep: 3,058
Posts: 33,089
As we wait on the European open, I'll post some levels I am watching (center of areas). The first are really 'sub-levels', as they are so close. This is assuming this level it has been butting up against here gives way. If not, wow, is that weak. I'd think they'd be bouncing this up a bit.
98.00-.25
99.50
1501.75
Right in the middle of that I have one lone thing at 1500.75. So, what's the use with all those close levels? From a practical standpoint, almost none. All I know is 'somewhere in there' I need to be ready. If all that is overcome, 1504.75-5.25 has a lot in there.I'd prefer that 1500 plus or minus bounce, and then a wicked crush.
98.00-.25
99.50
1501.75
Right in the middle of that I have one lone thing at 1500.75. So, what's the use with all those close levels? From a practical standpoint, almost none. All I know is 'somewhere in there' I need to be ready. If all that is overcome, 1504.75-5.25 has a lot in there.I'd prefer that 1500 plus or minus bounce, and then a wicked crush.
JI
jimkane
Rep: 3,058
Posts: 33,089
One-day wonder, as usual. I can't tell you how pis#%& off that makes me. Anyway, here it is at my upper area, but it sure doesn't look done. It may shoot for say 6.75-8.25, but probably it's just headed for another new high. Same old, same old.
JI
jimkane
Rep: 3,058
Posts: 33,089
And yes, 11.25 is also an area, which would make a nice stop run. But seriously, is it going to go straight up 21 points to a new high and then collapse? Yeah, right.
JI
jimkane
Rep: 3,058
Posts: 33,089
And, as expected, it's there. But seriously, is it going to roll over? Ha ha ha ha ha ha ha ha ha ha, oops, sorry.
Originally posted by jimkane
One-day wonder, as usual. I can't tell you how pis#%& off that makes me. Anyway, here it is at my upper area, but it sure doesn't look done. It may shoot for say 6.75-8.25, but probably it's just headed for another new high. Same old, same old.

