Kickin' it off. No one else did, which is s surprise. I hope everyone is okay. Maybe 'cause it's Easter?
I think I am going to take tomorrow off posting to try to break myself of the habit of posting non-stop. See you all Tuesday, if I make it?
JI
jimkane
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I think it would be a fool's errand to put much credence into this gorgeous bearish ABCD with an ABCD in the BC leg here, set up to retest the major higher timeframe area we have discussed so much.
JI
jimkane
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Tied the old high. Now what? I'm not seeing much except a strong continually rising market here.
JI
jimkane
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Anyway, as I'm sure everyone saw, this all launched off a 4PT, which we just saw not too long ago.
JI
jimkane
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There's the new high for the entire move, off that 1-min ABCD pullback. Everything is as it should be. Basically only one trade needed today. (One could also play the legs, or play them simultaneously, which is more my style.)