Starting it off.

Note how this violated the obvious TL. So it is ripe to get popped.

Okay, it's ready to bounce. This is what I'd expect, but if it doesn't then roll, I'd be inclined to lose interest very rapidly.

48.75-49.50 would be nice, and then we see.

And roll it did. But, now that it set a new immediate low here, is that just a shakeout? I'm extremely cautious in a situation like this.

Originally posted by jimkane

Okay, it's ready to bounce. This is what I'd expect, but if it doesn't then roll, I'd be inclined to lose interest very rapidly.

Watch the KZ here.

I want this oinker to die so bad here, but if I do my battle cry I am sure it will jinx it.

See, I was unclear. I guesstimated it 60/40 for the upside clear (it still may do that), but I got a sense, a read, a vibe there, and it would require fast action. That read proved correct. Maybe not in the overall, but maybe there, too (it may just be a checkback, not a move to new lows). We'll see. But I caught wind of something 'intangible' there, and got it on a post. That's what appx. 54,000 hours of experience can do at times, in my opinion.

Originally posted by jimkane

I'm going way out on a limb here and doing a post that is not like I usually do. For my style, done with the long, on the short side. Watch this get stopped right out... Do not try this at home!

And it rolled off 57.25. Too crazy.

Possible bounce area or reversal, so caution is the byword here.

Right over my preferred first area.

And here's the new topic. Everyone please go there and vote that up (if you think it is good). Also, I added a post to the above one thread, so make sure even if you voted before you go and vote up that one. I know there are more people reading this than four, so please, everyone, help me out. I need to make sure that they don't seem vulnerable to down voting and we get the positive vibes going. Thanks.

http://www.mypivots.com/board/topic/8616/-1/charts-from-4-29-16