JI
jimkane
Rep: 3,058
Posts: 33,089
1-2-tick game, or 1-min bullish ABCD here? Decision time. It looks horribly weak, and that may be a clue it's going up.
JI
jimkane
Rep: 3,058
Posts: 33,089
Finally, after the stop sweep double pump fake? Yeah, right. Not getting my hopes up. But, it should...
JI
jimkane
Rep: 3,058
Posts: 33,089
What slow, choppy crap a#% price action today. The areas, and even the moves, are there, but the action is pathetic. Tradeable perhaps, but not any fun at all.
RO
roofer
Rep: 3,689
Posts: 3,574
TLT update from previous... after taking half off on thursday morning as shown, the close on thursday left me with the same quandry we often get using the tools of this forum... price had thrust down, then done an abcd to line.. classic sell signal.. but given that our longer term charts suggest a larger low in bonds, the bullish scenario would have price completing abcd with equal legs with abcd as middle leg... so i marked an equal leg and placed stop twenty cents below... so far so good .. but time will tell...

