I really enjoyed making this one today....I hope it gives some ideas of how the daily bar charts can help us...
key zone above is 57.50 - 59.50
below is 50.50 - 51.25
those are upper and lower bell extremes
watch the video if/when you have time....
BR
BruceM
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I'm basically afraid of my own lines when I am long and one sits above me....so that 41.75 - 42 was a refined line...revising runner target to 43.75..
KO
koolblue
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Great job (and analysis) , Bruce. i got a piece of that from 41.25
BR
BruceM
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that's it for me...there were singles at 44 and my zone was there...always best to get out in front of those..good luck if you play from here
NI
NickP
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et voila
will post a chart later today
will post a chart later today
Originally posted by NickP
nq is really weak, just as it was yest, so tough for es to muster any comeback in that environment...so watching nq closely
i think they will want to eventually test down to the 38-40.5 area...there might be some bounces along the way but that is where a highest odds bounce will come imo
above, we still can't get above the 24-hr mid point and opening print, so if we do then that will represent a chg of character...and that also will put us into that bell curve bruce has been talking abt, which has lower bound of 51.5, higher bounds of 57.5-59.5 and 56ish most accepted area in there...
BR
BruceM
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congrats Koolio..
Originally posted by koolblue
Great job (and analysis) , Bruce. i got a piece of that from 41.25
BR
BruceM
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nice zone Nick !!
Originally posted by NickP
et voila
will post a chart later today
Originally posted by NickP
nq is really weak, just as it was yest, so tough for es to muster any comeback in that environment...so watching nq closely
i think they will want to eventually test down to the 38-40.5 area...there might be some bounces along the way but that is where a highest odds bounce will come imo
above, we still can't get above the 24-hr mid point and opening print, so if we do then that will represent a chg of character...and that also will put us into that bell curve bruce has been talking abt, which has lower bound of 51.5, higher bounds of 57.5-59.5 and 56ish most accepted area in there...
NI
NickP
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Posts: 771
still going...that is what i meant by high odds bounce....vpoc test coming soon (48.75)
Originally posted by BruceM
nice zone Nick !!Originally posted by NickP
et voila
will post a chart later today
Originally posted by NickP
nq is really weak, just as it was yest, so tough for es to muster any comeback in that environment...so watching nq closely
i think they will want to eventually test down to the 38-40.5 area...there might be some bounces along the way but that is where a highest odds bounce will come imo
above, we still can't get above the 24-hr mid point and opening print, so if we do then that will represent a chg of character...and that also will put us into that bell curve bruce has been talking abt, which has lower bound of 51.5, higher bounds of 57.5-59.5 and 56ish most accepted area in there...
BR
BruceM
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nick you gotta bust through my 47.50 line......ha !! just bustin on ya..hope it keeps rallying for you all
BR
BruceM
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Posts: 19,895
whats always interesting is that so many of us have read that a failed auction on one side of a range ( a bell curve) can often go push to the other side....what the books etc never tell us is that there is no time limit on these failures and often we will see a bell curve get entered back into at some later date.....these failures happen on so many different time frames but for me it's watching those edges from different days to see if we are going re-take them and hold or reject them...
the point is that so far today is a good lesson that we can reverse roles quite often at the bell curve edges...also usually know as LVN's on different time frames
now all this babble would really have made me feel better if I had bought one of those retest into the lower edge I mentioned on the video after they rejected that prominient POC/vpoc at 54.75.....ok, so ends todays after the fact ramble
the point is that so far today is a good lesson that we can reverse roles quite often at the bell curve edges...also usually know as LVN's on different time frames
now all this babble would really have made me feel better if I had bought one of those retest into the lower edge I mentioned on the video after they rejected that prominient POC/vpoc at 54.75.....ok, so ends todays after the fact ramble