Bands for the day. Good luck to all.
BR
BruceM
Rep: 216,211
Posts: 19,895
I took one small win and reshorted..taking that 30.50 now and will try to hold for that 26.50 - 27.50...greenies like to be retested but we never know how far they will push before they come back to them......I hope the probability works that way today...with r1 at 32.25 , the 31 - 32.25 becomes the battle zone
BR
BruceM
Rep: 216,211
Posts: 19,895
I'd really like them to go get air pocket down there at that 27 spot.......lets hope greenie can pull it back
BR
BruceM
Rep: 216,211
Posts: 19,895
and with a bit of luck we still have a chance for that 21.50 retest too...but one target at a time !!!
NE
NewKid
Rep: 16,470
Posts: 1,915
Here is how my lines have played out this morning. The green lines are the greenies (same as I wrote last night). The red line @ 26.75 is the weekly VPOC of last week. Cyan is pivot point (R1) and dark green is weekly pivot point (R1 @ 36.25)
Wish I could say I made money but I botched it up pretty good. Which tells me that I really need to focus on execution.
Wish I could say I made money but I botched it up pretty good. Which tells me that I really need to focus on execution.
NE
NewKid
Rep: 16,470
Posts: 1,915
The ON high is proving to be resistance so far... if we can get below it then we could target YD's high and ON mid point
NE
NewKid
Rep: 16,470
Posts: 1,915
The ON high is getting weaker and weaker from all the pounding it is taking. If they keep going there, it could very well be taken out soon
BR
BruceM
Rep: 216,211
Posts: 19,895
there are only so many times they will come back down to that 26 - 27.50 area before it breaks down......all buyers who are buying on pull backs would want to get new highs quickly....and elongate the profile...so far that isn't happening and we seem to struggling to move higher...here is how my time chart shows this week against longest line of last week...same area as new kid and single prints on the breakout up ....so far........I don't expect buyers to win this one....



