here are my zones to work from. I think we will see the 44.75 work today as a magnet especially if we open above it...It will be safer to see price get back or near 47 if we open above that number and drive out of the overnight high first. Key resistance is 51.75 - 53.
support is also at 41...the video shows why
poc of time is at 47 from overnight as I type...so if you sell above On highs then that needs to be the first target..
second video just added
BR
BruceM
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Posts: 19,895
c ya bkay.....we now have a double top up against single prints....so somebody is manipulating this well...as long as that formation sits above then I will be still picking at longs under the 32.50 level.....
I seem to be taking a liking to the 31 - 32.50 level.....still no retest of a bracket high...they know what we want for our runners but won't give it up
playing it small as this is not a great time to trade
I seem to be taking a liking to the 31 - 32.50 level.....still no retest of a bracket high...they know what we want for our runners but won't give it up
playing it small as this is not a great time to trade
BR
BruceM
Rep: 216,211
Posts: 19,895
sometimes I actually think the market itself is reading my posts....especially when they torture me.....
value is still higher than friday and we can't seem to crack that POC too much..that is the only positive I see..I'd like to see a pop up before 2:30...then I gotta run too..all these double lows are showing no buying impules...
value is still higher than friday and we can't seem to crack that POC too much..that is the only positive I see..I'd like to see a pop up before 2:30...then I gotta run too..all these double lows are showing no buying impules...
ST
stocksster
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Posts: 181
Originally posted by BruceM
c ya bkay.....we now have a double top up against single prints....
and now, a soon to be broken triple-top formation!
BR
BruceM
Rep: 216,211
Posts: 19,895
normally i don't like trading at well formed POC due to their magnetic properties...always better for targets but given all those single and double tops I think this is an exception
I'm on my third try in that lower zone and can't get more than 1.75 points out on a trade...I'm hoping this last one tic new low is the one that finally runs us up into the 36 LVN/singles.....this is it for me...no more tries from here ...
I'm on my third try in that lower zone and can't get more than 1.75 points out on a trade...I'm hoping this last one tic new low is the one that finally runs us up into the 36 LVN/singles.....this is it for me...no more tries from here ...