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jimkane
Rep: 3,058
Posts: 33,089
Kicking' it off. Going to be another exciting week of the same old, same old, I think. Let's see if that late weakness turns into a big drop, or if it does what I think is the highest probability which is setting the new all-time high. Remember, though, this is a monster area with a key backtest on the daily/weekly SPX.
MA
MarcinO
Rep: 67
Posts: 5,506
I wonder...

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6e 2015 10 28 2 png
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jimkane
Rep: 3,058
Posts: 33,089
Yawn. New high for the entire move headed into the announcement.
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jimkane
Rep: 3,058
Posts: 33,089
Well look at that.
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jimkane
Rep: 3,058
Posts: 33,089
They don't like them not taking December off the table. Seriously, though, will they raise right before Christmas, with year-end bonuses on the line? Not happening. Silly market. They just want reassurance.
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jimkane
Rep: 3,058
Posts: 33,089
I think that was a buy there. A monster buy.
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jimkane
Rep: 3,058
Posts: 33,089
Should be ready after that shakeout. Hey, maybe I'm dead wrong on this.
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jimkane
Rep: 3,058
Posts: 33,089
The rock solid support area is around 56. But I was thinking the TL break fake will be it.
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jimkane
Rep: 3,058
Posts: 33,089
Okay, rock solid support hit. This is incredibly key in here.
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jimkane
Rep: 3,058
Posts: 33,089
So far they 'see' it, and they've had their retest. Now we see.
RA
rat89
Rep: 0
Posts: 7,015
fibs on three swings pointed to spy 208.50 area....they took the bait.....now watch this almost .886

Originally posted by jimkane

Well look at that.
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jimkane
Rep: 3,058
Posts: 33,089
PCLN not only hit another new all-time high today, it is pushing up on 1,500 a share. You read that right. Until this nonsense stops, the 'bull' isn't done, in my opinion.