MyPivots
Sign In
MA
MarcinO
Rep: 67
Posts: 5,506
Starting it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, I expected this range would resolve to the upside. They swept it down, and into OpEx they can now run it up and over. That is less than 10 points up from here. Nowadays they do 30-40 in a run like it was nothing. So, it's totally doable, if they want it. I am no longer short side bias, let's just put it that way. I'm ready.
JI
jimkane
Rep: 3,058
Posts: 33,089
I think 26-28 would be a nice minimum, and 32 would be better. Then we see. But, it's at the immediate breakdown level (and KZ), so let's first see how it handles the backtest.
JI
jimkane
Rep: 3,058
Posts: 33,089
This 16.75 area here is a monster from a technical perspective. If I thought it was headed down this is the kind of spot I'd lean on heavy.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yee-frickin'-haw. They're baaaaaaaaaaack!
JI
jimkane
Rep: 3,058
Posts: 33,089
Now, shortly, it should come in for a slightly bigger pullback, if it's a 'healthy' uptrend. But, machines know of no such thing, so we'll see on that. But it should...
JI
jimkane
Rep: 3,058
Posts: 33,089
Did you see how IWM launched right off the KZ?
JI
jimkane
Rep: 3,058
Posts: 33,089
Perfect spot here for that slightly bigger pullback. But will it even need it?
RA
rat89
Rep: 0
Posts: 7,015
they are good
JI
jimkane
Rep: 3,058
Posts: 33,089
Give it to me, baby. New high for the move with no rest? Give it to me...
JI
jimkane
Rep: 3,058
Posts: 33,089
Understatement of the year...



Originally posted by rat89

they are good
RA
rat89
Rep: 0
Posts: 7,015
charts to end the week:

Click image for original size
screen shot 2015 10 17 at 1 04 30 pm png

Click image for original size
screen shot 2015 10 17 at 1 06 35 pm png

Click image for original size
screen shot 2015 10 17 at 1 12 22 pm png

Click image for original size
screen shot 2015 10 17 at 1 15 06 pm png