The ES stopped at 2007 doing a great job hitting stop loss orders.
A stronger resistance is between 32 and 44, I guess.
But before that, I would suppose a correction to low 70s.
MA
MarcinO
Rep: 67
Posts: 5,506
Come on. Just five points more...
Originally posted by jimkane
Yaaaaaaaaaaaay, TL approached. What the heck do ya know. So, they game them by jumping up before the TL?
JI
jimkane
Rep: 3,058
Posts: 33,089
As an aside, Lending Tree, TREE, was up almost 10,000% off 'The Big Bottom' at its recent high. Pretty crazy, in my humble opinion.
JI
jimkane
Rep: 3,058
Posts: 33,089
I am pretty sure it's done. I am long side bias now.
Originally posted by MarcinO
Come on. Just five points more...
Originally posted by jimkane
Yaaaaaaaaaaaay, TL approached. What the heck do ya know. So, they game them by jumping up before the TL?
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch closely at 84 here. It is right on the repeatedly-tested price flow, and it's time for it to break. It's time for a move one way or the other.
JI
jimkane
Rep: 3,058
Posts: 33,089
Nothing about it now looks 'up' whatsoever. It looks ready to utterly collapse.




