DU
Duane
Rep: 100
Posts: 1,095
Since Jim is likely to have trouble typing after having landscaped cement all weekend, I will get things started.
JI
jimkane
Rep: 3,058
Posts: 33,089
This stuff is all just so amazing. It 'sees' this area like crazy. Notice how all the volume came in right at this area. It would be sad if they went up from here. Yes, it's a nice area, but the sweep and roll is so pretty, I'd hate to see it fail.
JI
jimkane
Rep: 3,058
Posts: 33,089
The area is holding on a retest, and the European open has a very strong upside bias under similar conditions, so we'll see. I wish this one would give way, but maybe it's not in the cards...
MA
MarcinO
Rep: 67
Posts: 5,506
Yes, they are testing the TL that sent it up yesterday at 3 PM off 93.50.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, Marcin, and if you look at the set, well, wow. But it's doing what I wanted, and it finally took that out. It also got the low you mentioned. Now we see if the sweep is enough, or if it's a move. But so far, no matter what happens, I'm thrilled because I read it right, saw the potential opportunity, and even posted it in here before the move got started. All that is what counts to me.
JI
jimkane
Rep: 3,058
Posts: 33,089
Die, pig, die. I'm so sleepy I can't stay awake. This oinker needs to dump so I can call it quits.
MA
MarcinO
Rep: 67
Posts: 5,506
91.25-92.50 may be enough for the sweep.
Chart still under construction.
Chart still under construction.
JI
jimkane
Rep: 3,058
Posts: 33,089
Funny how we were both thinking the same thing, but your post beat mine by seconds. Reminds me of the old days with Jarek.
JI
jimkane
Rep: 3,058
Posts: 33,089
It's cool that I know exactly why you chose the range for the numbers that you did.
JI
jimkane
Rep: 3,058
Posts: 33,089
They might be happy with that. We'll see. Now that we've come this far, I'd like to see more, but many of these sweeps, they like to catch one of the lows, bounce it, then catch the other. Why waste a good chance to suck people in. They see it bounce, assume one low is good enough or it wouldn't be bouncing, jump in, and get slaughtered.