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A stronger resistance is between 32 and 44, I guess.
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But before that, I would suppose a correction to low 70s.
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MA
MarcinO
Rep: 67
Posts: 5,506
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.
A stronger resistance is between 32 and 44, I guess.
But before that, I would suppose a correction to low 70s.
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JI
jimkane
Rep: 3,058
Posts: 33,089
It will probably just chop until the close, but I wouldn't mind a push to say 12-13 to test the overhead SL, and close at a new high for the move.
JI
jimkane
Rep: 3,058
Posts: 33,089
Looks like I'm going to get my wish. I wonder, though, with this much time left, if it will blow out to the upside?
Originally posted by jimkane
It will probably just chop until the close, but I wouldn't mind a push to say 12-13 to test the overhead SL, and close at a new high for the move.
JI
jimkane
Rep: 3,058
Posts: 33,089
It got the new high for the entire move. Will they stop with that, or go for the SL?
JI
jimkane
Rep: 3,058
Posts: 33,089
So, I said I was hoping, best case, for 12-13. HOD so far was 12.75. How does he do that? The tools, man, and coming up on 54,000 hours by my estimate of screen time. Do the work and then you can see if you have it. Not all that do the work can 'see', but some can. Mostly, though, very, very few have the time, no less the energy, inclination, and position in life (family, job, money, etc.) to put in that kind of work. I have, so I can 'see' things.
I'm not making a direct comparison here, but when you see Tiger Woods (at his peak) swing that club, well, how does he do that? I think his answer would be similar to mine. Fortunately, I don't think one has to reach such a level to be profitable, just as one doesn't have to be as good as Tiger to earn a living on the pro tour. Just some thoughts as we wrap up one of the most insane weeks I have seen in awhile.
I'm not making a direct comparison here, but when you see Tiger Woods (at his peak) swing that club, well, how does he do that? I think his answer would be similar to mine. Fortunately, I don't think one has to reach such a level to be profitable, just as one doesn't have to be as good as Tiger to earn a living on the pro tour. Just some thoughts as we wrap up one of the most insane weeks I have seen in awhile.
