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jimkane
Rep: 3,058
Posts: 33,089
Okay, I'll get it started for this week. I'm expecting another fantastic week, as far as action.
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jimkane
Rep: 3,058
Posts: 33,089
Careful, looks like they might be just suckin' the bears in. Look at that pop on the tick chart. It actually gapped on my chart.
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jimkane
Rep: 3,058
Posts: 33,089
Okay, phew, that didn't hold. Watch the GZ next. I can't see the bears doing much here, but you never know.
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jimkane
Rep: 3,058
Posts: 33,089
Hmmm, one tick below and now snapping back up. I see.
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jimkane
Rep: 3,058
Posts: 33,089
Notice TSLA just smokin' back at new all-time highs. I have an area I am watching at 140-141, but since that's would be at all-time highs, it's not a shorting spot, just an area it may come back in from, or for management of that 105 area long. The best time factor is Wed or Thurs.
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jimkane
Rep: 3,058
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The ES does look ready to rise now. I hope we can get just a little more downside. Geez.
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jimkane
Rep: 3,058
Posts: 33,089
There's the pop. Same old, same old. I'm ready to be at new highs by the close.
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jimkane
Rep: 3,058
Posts: 33,089
Okay, watch this alternate area here I mentioned, just for grins, but otherwise I'll check back at the close and see how high we are. I won't need to be watching anything until then, it will just be boring continuous rising.
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jimkane
Rep: 3,058
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The alternate area is 81.75-82.50.
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jimkane
Rep: 3,058
Posts: 33,089
I would think it would want to take out the Thurs GLOBEX high at 89, and I have some things from 88.25-89.00, so I think that's where it would shoot for. Then we can have 'Super Tuesday'. But, it does have to take out this area here, and as much as I'd love it to be, it's not a done deal.
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jimkane
Rep: 3,058
Posts: 33,089
And yes, there is just a thick layer of things around 85.50-86.75, including an obvious overhead TL. But, I suspect this would bring it back in in another tease, and then over it goes to stretch to the other area. It's a nice spot for a big trap.
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jimkane
Rep: 3,058
Posts: 33,089