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MA
MarcinO
Rep: 67
Posts: 5,506
Starting it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, and there are some serious layers as it comes into that.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, as Marcin showed, ABCD at key area with TL fake out. Now we see. It looks like way, way, way down is coming. Is that what they are trying to make it look like? This time I'm wary it may do just that.
JI
jimkane
Rep: 3,058
Posts: 33,089
It seems to want to dump very hard.
JI
jimkane
Rep: 3,058
Posts: 33,089
It really wants down. But this is a powerful area here.
JI
jimkane
Rep: 3,058
Posts: 33,089
There they are!!!
JI
jimkane
Rep: 3,058
Posts: 33,089
Again, there they are!!!
JI
jimkane
Rep: 3,058
Posts: 33,089
Tough spot here with TL/set line.
MA
MarcinO
Rep: 67
Posts: 5,506
Resistance area around 36.

Click image for original size
es 2014 01 07 resistance png
JI
jimkane
Rep: 3,058
Posts: 33,089
They finally get it well above the line and then they drop it like a rock. Just games.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, let's blast this oinker up into the close.
RA
rat89
Rep: 0
Posts: 7,015
at an inflection point where either the move higher is confirmed or a pullback