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MA
MarcinO
Rep: 67
Posts: 5,506
Starting it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
There are all sorts of technical reasons why this may be done (for now) in here, so I'm not expecting this to do any more. I'd prefer it make one more push, but there are factors saying no to that. Hence, I'm thinking along the lines of give it some room to breathe on some, but be tight on some, as this could be done already. This applies to a short-term 'intraday swing trade' (what many call a 'daytrade').
JI
jimkane
Rep: 3,058
Posts: 33,089
And there's the shakeout and now it can pop?
JI
jimkane
Rep: 3,058
Posts: 33,089
These guys are so funny. Make it look scary to the downside, pop it up hard and make it look like it is literally exploding, then drop it right back off that. Just sweep 'em in every direction repeatedly. See, it's at an area, they don't plan to put it over in the RTH, but they don't want to sell it off here in the RTH either, so what else is there to do but play games with the very-short-term daytraders. Why not, I'm sure they figure. Likely just some big player at one of the big money-center banks, a Fed stooge basically, given trillions to play with and programs that can control every tick of the market, just goofing around, taking some sucker money. That's all my take, anyway.
JI
jimkane
Rep: 3,058
Posts: 33,089
RTH closes, now they can go wild.
JI
jimkane
Rep: 3,058
Posts: 33,089
Very interesting action.
RA
rat89
Rep: 0
Posts: 7,015
it is indeed

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screen shot 2014 06 27 at 7 41 07 am png
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size
screen shot 2014 06 27 at 7 43 49 am png
MA
MarcinO
Rep: 67
Posts: 5,506
41-42.50?
If not maybe the area for which I am waiting the whole week - 30.

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es 2014 06 2 png
RA
rat89
Rep: 0
Posts: 7,015
pop it up and our or drop it hard from this abcd

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screen shot 2014 06 27 at 9 49 31 am png
RA
rat89
Rep: 0
Posts: 7,015
back up a little to look at the abcd in context

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screen shot 2014 06 27 at 9 53 22 am png
JI
jimkane
Rep: 3,058
Posts: 33,089
Did you all notice how the afternoon setup was right off the obvious TL, with a retest on that TL again? In order for TL to keep sucking suckers into the games they play as they game them, they have to work sometimes, or even suckers wouldn't get sucked in.