MyPivots
Sign In
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I'll start it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
Wow, monster reaction to the TL's on the second approach. This is going to be fun to watch. How curious.
JI
jimkane
Rep: 3,058
Posts: 33,089
1-min cup and handle. Get ready.
JI
jimkane
Rep: 3,058
Posts: 33,089
There it is! Crude also popped.
JI
jimkane
Rep: 3,058
Posts: 33,089
All TL's exceeded. But, will it now accelerate to my next area, or will they now set and spring another trap? I like traps, but I hope they just goose it up to my key area.
JI
jimkane
Rep: 3,058
Posts: 33,089
Price and time it's all about now, at 73.50-74.50. That's not to say it won't go a bit more (or even a lot more), but this is the key area I want to watch.
JI
jimkane
Rep: 3,058
Posts: 33,089
74! It, indeed, did give it to me, baby. Now 74.75!
JI
jimkane
Rep: 3,058
Posts: 33,089
Now, 76 is the upper boundary of the stuff I have in here, but 78.25 is something, and then after that 81.25 up to the .382 at 89.83, so I'll be looking at that. If this area is cleared here there isn't a lot to really stop it, just some incidental levels. Time to just let it run free and see. I'd actually like this area to end it.
JI
jimkane
Rep: 3,058
Posts: 33,089
If everyone could just see the work I've been using today. Just insane.

Watch this little tick ABCD here for clues. I think it's going to drop a bit.
JI
jimkane
Rep: 3,058
Posts: 33,089
I will say one thing, if an area like this can be overcome with a tiny tick ABCD, WOW.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, it is looking like a ride until close (and beyond). Wow. Cool.
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...
Click image for original size