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MarcinO
Rep: 67
Posts: 5,506
Starting it off.
I hope to be more active this week.
JI
jimkane
Rep: 3,058
Posts: 33,089
Now we see was it just a double sweep because they are bored and going to do nothing, or are they really going to take a shot at the all-time highs. At this point I am now hoping for the all-time highs. I just wanted better prices, just like 'the bad guys'. The only difference is I can't fleece people to create them.
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jimkane
Rep: 3,058
Posts: 33,089
Here's the spot where they'd roll over if this was just another trap set in chop.
JI
jimkane
Rep: 3,058
Posts: 33,089
Just crank it up already, geez. But, they seem to rarely blast to new highs into the close like this. It's like they don't want to waste it and then go into the illiquid period. They want to game it at times when they can hose people. So, I don't actually expect much here.
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jimkane
Rep: 3,058
Posts: 33,089
Zero follow through, and now heading back down. Just chop games.
JI
jimkane
Rep: 3,058
Posts: 33,089
Sweep down, then sweep up, and now another sweep down. This is what they do in the last hour, in my experience, when they've run it enough and want to wait for additional running.
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jimkane
Rep: 3,058
Posts: 33,089
And now exploding up. Too funny.
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jimkane
Rep: 3,058
Posts: 33,089
I'm thinking we'll get the selling now, since they didn't want to bring it up any more after that last fake out.
JI
jimkane
Rep: 3,058
Posts: 33,089
But, it's a hard read up in here. There are some amazing technical factors with the three pushes we just had (for example, look at that SL for the three pushes) that really speak for this possibly even failing up here. The big 3D, now a 3D in the attempt to take out the 3D. All very curious. When you look at the key lines and price flows, it gets even more interesting.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yep, definitely selling. I like it.
JI
jimkane
Rep: 3,058
Posts: 33,089
Now that they are finally selling this, I hope they can really drop it down a bit. I'm thinking I'd like to see the low 60's, or even 60 itself.
JI
jimkane
Rep: 3,058
Posts: 33,089
Another day where I rate the trading potential off the scale. Right off the area yesterday and basically straight up 31.75 points. Who could ask for more than that... Some day we'll look back and remember how wonderful the trading action was. For now, I just want to appreciate how incredible all this manipulation is, from a trading perspective. Again, all just my viewpoint.