JI
jimkane
Rep: 3,058
Posts: 33,089
So, is that it, down now? This is a tough read for me. I think it wants more to the upside, but the 'failure' to get there ASAFP and how it's acting here makes me wonder if it may be done. The question, from a trading standpoint is, do I think it's totally done, or looking to churn/pull back and then move to the next level(s)? Sometimes I have a great feel for that, I believe, and sometimes I don't. Right now I'm fairly ambivalent... That could change any second though, on one clue...
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm still thinking this may shoot for 55 or even 60 or so by the close.
JI
jimkane
Rep: 3,058
Posts: 33,089
Hey, today we have had six members in here, and the entire MyPivots area so far today has had six. Woo-hoo!
JI
jimkane
Rep: 3,058
Posts: 33,089
I'd think it would 'need' a little more time in this range, but it appears it is ready. Hopefully, as I'm still 'long side bias'.