Here it is.
Chart.
Isn't Hindsight grand? Mine is 20/20 on this one. Looks almost like magic in hindsight, but it is just the tools, as presented in this forum.
Happy April Fools' Day.
Al Kamego
JI
jimkane
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Looking much better for the 'bulls'. Watch the area of the bearish ABCD next, then the 'W3' and 'W5' areas. Then we see.
JI
jimkane
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Posts: 33,089
Let's say (center of areas) 51.50, 53.75, and 56 are where I'm watching next.
JI
jimkane
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Posts: 33,089
The 53.75-54.50 area is 'the big one'. I hope we at least see that. Then it has a chance (if it takes it out) to do a little something.
JI
jimkane
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49.50-50.00 better stop this, or I think it has little chance to rise any more. I think the odds are pretty slim now at best anyway.
JI
jimkane
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Posts: 33,089
It 'should' be toast now. Let's see if that was the 'fake' below 'support', and now up like a rocket.
JI
jimkane
Rep: 3,058
Posts: 33,089
It would be cool if it could set a new low off this bearish ABCD. But I don't think it will, or if it did, only by a tiny nominal amount. We shall see.
'Chop in the low end of the range'.
'Chop in the low end of the range'.

