JI
jimkane
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Okay, my little teasing post gave it the juice off that little ABCD to blast up and over the key area.
JI
jimkane
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Although I am watching closely right here, the next area of serious concern is 1502-4. After that, the 'big bounce' starts. And, the ever-present question, is this another 'one-day wonder'?
JI
jimkane
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And yes, my view off the low was very-short-term long side bias. And it's now hit my 1502-4 area, so I am very cautious.
JI
jimkane
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Posts: 33,089
Notice the obvious overhead TL, on say the 15-min. A key .300 at 5.50. Lots of other stuff. So, it will have to push past all that in here to get to my next area. I think it can.