MyPivots
Sign In
MA
MarcinO
Rep: 67
Posts: 5,506
Starting it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
17.25-18.50 and 20.75-23.25 (latter is the entire area) are my next levels. I hope I see them.
JI
jimkane
Rep: 3,058
Posts: 33,089
16.75 is a key .447, so anywhere in here is 'dangerous'.
JI
jimkane
Rep: 3,058
Posts: 33,089
Otherwise, it's just 'management mode'.
JI
jimkane
Rep: 3,058
Posts: 33,089
Super-cautious...
JI
jimkane
Rep: 3,058
Posts: 33,089
What does that mean, technically or management-wise when I say I'm cautious, or super-cautious? It means I'm not looking to let it come back in much without decisive management action, at least on some.
JI
jimkane
Rep: 3,058
Posts: 33,089
Next leg time.
JI
jimkane
Rep: 3,058
Posts: 33,089
If not, then I see chop until close as the most likely scenario. Notice how they did, indeed, come in, again, as the edge of the world approached.
JI
jimkane
Rep: 3,058
Posts: 33,089
It's at the bounce/next leg area, and so far, not a lot of respect. It should take off any second now...
JI
jimkane
Rep: 3,058
Posts: 33,089
Look at that...
JI
jimkane
Rep: 3,058
Posts: 33,089
Right back to the low end...
JI
jimkane
Rep: 3,058
Posts: 33,089
The trading action lately has been just off the chart in my opinion, pun intended? See ya all Sunday?