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jimkane
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Posts: 33,089
Okay, let's crank up another great week in here. The market action should be awesome again, I suspect.
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MarcinO
Rep: 67
Posts: 5,506
Right. The 15-14 discrepancy was quite obvious that I didn't comment it, and referred consequently to 14 days series.
The whole approach of calculating probability this way to support uncommonness of the series was erroneus and not so apparent in my opinion. Anyway, it was just an aside, as the chart was the point.
The whole approach of calculating probability this way to support uncommonness of the series was erroneus and not so apparent in my opinion. Anyway, it was just an aside, as the chart was the point.
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jimkane
Rep: 3,058
Posts: 33,089
Yeah, that about covers it.
Originally posted by rat89
wow is all i can say
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jimkane
Rep: 3,058
Posts: 33,089
Just watching it do its thing, 'management mode'.
Originally posted by jimkane
...I'm watching right in here in the ES (it's an awesome spot), and overhead at say 57.00-58.75. That would form a picture perfect H&S, then it's set up for some nice down. I am also watching around that .886 at say 63.50-64.00, but if it gets that high I think the battle would be on for a new high. There is a sweet line there, but I'm not sure what they'll do that high up.
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jimkane
Rep: 3,058
Posts: 33,089
And yes, right here near this 1.272 @ 53.75 is surely a spot to be cautious with.
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jimkane
Rep: 3,058
Posts: 33,089
I'm not anticipating any problems, but it is an area to watch, in case.
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jimkane
Rep: 3,058
Posts: 33,089
I'd say it just needed that little ABCD and now, at this new high for the move, it can get going, but beware that little move may also just end it. I'll be waiting to see how they handle this into the close.
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jimkane
Rep: 3,058
Posts: 33,089
Being really alert here in case that's it, or, heaven forbid, they dump it a bit.
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jimkane
Rep: 3,058
Posts: 33,089
It's set up for a run into the close. Are they just making it look that way? Could it dump?
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jimkane
Rep: 3,058
Posts: 33,089
I was going to ask you, roofer, if you caught that gold move, and I decided to look back again at your posts, and I see you caught it via the GDX, and the oil move, too. Nice. Wait a minute, I just realized, what's the point of this post? Hmmm, I guess there is none? At least it will up my post count by one.
