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Duane
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Posts: 1,095
Since Jim is likely to have trouble typing after having landscaped cement all weekend, I will get things started.
JI
jimkane
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Posts: 33,089
That was the low. They did a get better prices 'W2' of a higher degree into the open time, but the low held, and then the rise. It now sits right at a key area, where it is coiling. The next level I am watching is 98.50-99.00 (center of area), then we see. I'd love it to roll here, but it's hit the obvious TL three times now, essentially to the tick, so I'm not seeing that. But, you never know.

Originally posted by jimkane

...Anyway, if there ever was a buy this is it, as far as price action. 3D into the area, now a higher low 'W2', and then a burst. Wow.
JI
jimkane
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Posts: 33,089
Okay, I suspect they will be playing sweep games in here at some point soon.
JI
jimkane
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Possibly now, but more likely soon, but not quite now.
JI
jimkane
Rep: 3,058
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This really looks ready to crater, but I'd think they'd play some games, then send it up. But, who knows, it may decide now is the time to continue being sensitive to Russian news.
JI
jimkane
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Posts: 33,089
Swoooooooooooooooooosh coming?
JI
jimkane
Rep: 3,058
Posts: 33,089
They sure saw what I saw, huh? Just when it's ready to crater, they 'magically' show up. Same old, same old.
JI
jimkane
Rep: 3,058
Posts: 33,089
Amazing how I expected a sweep and then up. They changed it up a bit, did the sweep a little before I expected it, made it look extremely weak and vulnerable, then started the upward goosing. Now let's see how it handles the key area this time. This is going to be fascinating.
JI
jimkane
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Posts: 33,089
TL at 96.75 right now.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm wondering if this isn't a trap, and that's all it has. Hmmmm.
JI
jimkane
Rep: 3,058
Posts: 33,089
Oh, just get it done, I'm tired of this narrow range chop. 2 point range for about 3 hours, 2.50 point range for about 3.5 hours. Give me a break.
JI
jimkane
Rep: 3,058
Posts: 33,089
That pop in cable towards the close was really something.