Starting it off.
Next couple of weeks may turn out to be hard for me to post apart from two maybe three hours before the cash market close. I hope to come back to my usual forum activity soon.
JI
jimkane
Rep: 3,058
Posts: 33,089
Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz.
JI
jimkane
Rep: 3,058
Posts: 33,089
Die, pig, die!!!
Die, pig, die!!!
Die, pig, die!!!
Die, pig, die!!!
Die, pig, die!!!
Die, pig, die!!!
Die, pig, die!!!
Die, pig, die!!!
Die, pig, die!!!
RA
rat89
Rep: 0
Posts: 7,015
iwm abcd to kz trap
.447/ 1.128
.447/ 1.128
Originally posted by jimkane
Watch the ABCD here at TL.
JI
jimkane
Rep: 3,058
Posts: 33,089
And almost the entire drop is made back off the ABCD in a flash. Wow.
JI
jimkane
Rep: 3,058
Posts: 33,089
With a shakeout that severe, right to a key area, I am thinking this is likely an indicator of a big up leg now unfolding. We'll see.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, at potential 'resistance', now we see if my last thought is completely off target or not...
JI
jimkane
Rep: 3,058
Posts: 33,089
I see no issues with new all-time highs soon. How those 300,000 contracts looking now (yes, this is a joke)? I knew as soon as one 'guru' was saying we are heading down a bit further, and another was talking way, way down (after being a monster perma-bull, he got flipped so fast by the action he got real bold near the lows), I was certain we'd be headed up big any time there. I am now waiting for them to flip back in their calls, and go on about how this was a failed breakdown, so the 'bull' is about to explode in the breakout of the century. That has me wondering if we perhaps won't make the new highs. I have to see when they flip back to gauge that sentiment. In other words, I use them to give the me the precise point where they are the most wrong they can be.
As an aside, be very, very watchful right in here, this is big.
As an aside, be very, very watchful right in here, this is big.