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MarcinO
Rep: 67
Posts: 5,506
Starting it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
Sure looks like it wants to swoooooooooooooooooosh down to Marcin's area, or more. At least it looks that way. You know what that can mean.
JI
jimkane
Rep: 3,058
Posts: 33,089
Much as I'm loving the swoooooosh and want it to persist, I just got a 'vibe' it may be ending here or very near here and popping up a bit. Just a 'feel' I just got this minute. We'll see.
JI
jimkane
Rep: 3,058
Posts: 33,089
My hope is that they absolutely crush it.
JI
jimkane
Rep: 3,058
Posts: 33,089
But I suspect that was it right there.
JI
jimkane
Rep: 3,058
Posts: 33,089
And, of course, this is the heart of the area Marcin mentioned. I was just hoping they flushed it out, as there is nothing but air below for quite some distance.
JI
jimkane
Rep: 3,058
Posts: 33,089
This was not based on the area or anything, just a read on how it was acting. I am still hoping against hope for a breakdown here.

Originally posted by jimkane

Much as I'm loving the swoooooosh and want it to persist, I just got a 'vibe' it may be ending here or very near here and popping up a bit. Just a 'feel' I just got this minute. We'll see.
JI
jimkane
Rep: 3,058
Posts: 33,089
This is such a nice spot. Oh, please fail for me.
It likely won't fail at all, but if one is short-side bias going into an area on a big sell, the desire is a natural thing.
JI
jimkane
Rep: 3,058
Posts: 33,089
BTW, talk about manipulation. Jackrabbit start (this is a trading neologism I created, one of many), new high by one tick (!), 'V' move, hard sell beyond 'V' move, right to key area, sweep all the stops, get serious.
MA
MarcinO
Rep: 67
Posts: 5,506
They cannot reverse it???
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, showtime. Get ready for a possible cascade. Small chance, but it's on the table now.
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.