JI
jimkane
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See why I said that? And the 1-2-tick game prevails once again. Now, watch this 2-3 area here (or 1600) for the bounce. But maybe (maybe...) this is going to do the downside I've been wanting. But I doubt it.
Originally posted by jimkane
Careful in here...
JI
jimkane
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Posts: 33,089
I was going to post some downside levels, but I'm thinking why bother. They won't give me what I want. Okay, I'll post them, but this thing is done in here. 98 if my 1600 gives way, then the higher degree influence may come in, and I'm looking at say 89.50 and 84.50 (center of area approximates). But it's done...
RA
rat89
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Posts: 7,015
abcd at line with a pullback to the first hour high.....almost always sends it back up
JI
jimkane
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Posts: 33,089
1-min KZ bounce. Now we see. It's positioned for a sharp sell now to one of my levels, but I don't think it will happen, I think they'll start pushing it back up. We'll see. I hope I'm 'wrong'.
JI
jimkane
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Posts: 33,089
You're all over this, rat.
Originally posted by rat89
abcd at line with a pullback to the first hour high.....almost always sends it back up
JI
jimkane
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Posts: 33,089
And there goes the KZ, exactly as expected.
Originally posted by jimkane
1-min KZ bounce. Now we see. It's positioned for a sharp sell now to one of my levels, but I don't think it will happen, I think they'll start pushing it back up. We'll see. I hope I'm 'wrong'.
JI
jimkane
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Posts: 33,089
But I have been noticing something curious lately, so this has to prove itself to me just a bit beyond this level here. I think it will, handily, but I won't be convinced until it does.
RO
roofer
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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...


