Lot of large scale (M60, M120) sets are interesecting in 34-37 range.
JI
jimkane
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Posts: 33,089
I got my dyin', right off my area, to the tune of over 25 points. I only count it to the first low before the market open. Both pop ups and the point where it gave way right before the European open, were right off the key lines. Amazing. And now there was the long opportunity off that dip, which has already moved enough so that was a great op, even if it dies off right in here. What a day for potential opportunities! In other words, same old, same old.
Originally posted by jimkane
Die, pig, die!
JI
jimkane
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Posts: 33,089
You'd think they'd want to go up and over, though... I'm not feeling it, but I can't imagine they wouldn't want to break that downsloping TL into a Friday close...
JI
jimkane
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Posts: 33,089
It's priming all up for that pop over the TL's. It's hard to pinpoint the area it may head to, but 13.50 and 21.25 are a good start, center of areas.
JI
jimkane
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Posts: 33,089
The 21.25 gets the monster swing-high from the manipulation ramp from yesterday. That makes sense, but on Friday closes they seem to usually like to get close, but leave them for later. We'll see.
JI
jimkane
Rep: 3,058
Posts: 33,089
They might take out the TL, and then test the HOD, maybe breaking it, maybe leaving it for later. I think they will break that one, but not the big one. Can't wait to see. If positioned properly it's really just a case of seeing how much one is going to get paid.

