Here is a new topic.


Al Kamego

It does look ready, again, for the upside pop right now.

Conservative is 63.75-64.25 area (center of area, as always). I can't see it doing much more since there are layers, with a nice little area around 66.75-68.25. But, there is just so much in between that it may struggle to get anywhere near there. I think the lower level is all I could ask for. On the other hand, who knows, maybe it will just grind until close, or even do one of those tricky quick flush sell-offs real fast like out of the blue. This kind of crap action is not my preference by any stretch.

"I don't try to guess my way out of a range." By that I mean I wouldn't want to get in in a range like this playing for the break I am expecting. But, under some circumstances I may already be in and I could see riding it out as part of a move that I see unfolding and am already in.

RTH new HOD and it doesn't like it...

The behavior looks totally wrong for a close at new highs for the move. It's not off the table, I'm just saying it's acting all wrong.

Tooooo Funny !! "There are non-contact indigenous people in a few remote jungles who now have the word and are watching it."

Okay, after making it look totally wrong they are now making an assault on the highs. And while I write there it is. Now let's see how my levels do.

I am a funny guy... Yes, Duane, that's it, and it's monster.

Originally posted by Duane

Tooooo Funny !! "There are non-contact indigenous people in a few remote jungles who now have the word and are watching it."

Click image for original size

Big 1-min volume spike into a minor area I didn't mention so things wouldn't get too confusing, but it's not drawing any checkback, so it may still have legs. At least it got the new high for the move (which was the GLOBEX high), and that's all I was really 'hoping' for.

Alright, alright, this 62.75 is a tough area, not because of how it is reacting, it's too soon to judge that, but because I reevaluated what's there, and it's tough.

Mostly the obvious SL, as well as some Fib stuff and other price flow lines.

Alright, I'll finish with a little visual. Make sure you look at all the posts and the timestamps. Look on a 1-min. This chart is just a guide for what I was saying. Look at it all. They do this all the time, but especially on a Friday when it sets up like this and is dead at the times of day this was.





Chart created on QCharts, courtesy eSignal