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Kane Trading Group
Trading Discussion, week of 10/2/16 to 10/7/16
DU
Duane
Rep: 100
Posts: 1,095
0
10 years ago
Believe it or not I am Bullish Cable here
MA
MarcinO
Rep: 67
Posts: 5,506
0
10 years ago
I will try to go long at 1.2875.
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
0
10 years ago
Looks done in low 70's.
1.2945 would be perfect, but there is also resistance at 1.2920.
Click image for original size
RA
rat89
Rep: 0
Posts: 7,015
0
10 years ago
spy as of the close Friday:
Click image for original size
Click image for original size
DU
Duane
Rep: 100
Posts: 1,095
0
10 years ago
Possible Bullish Rocking Chair.
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DU
Duane
Rep: 100
Posts: 1,095
0
10 years ago
Possible ABCD Cable
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MA
MarcinO
Rep: 67
Posts: 5,506
0
10 years ago
Cable is so weak that we need to look for corrections on M1 timeframe.
Originally posted by Duane
Possible ABCD Cable
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
0
10 years ago
BTW. 1.28 is a strong support.
MA
MarcinO
Rep: 67
Posts: 5,506
0
10 years ago
Cable looks done here. Correction to 1.2840 would be great. Higher levels are shownjust in case a larger bounce, but I am not assuming it now,
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
0
10 years ago
Calling the end of a drop in here is a bit difficult, but Cable looks really overextended.
1.2840-50 is a perfect area for correction end.
Click image for original size
RA
rat89
Rep: 0
Posts: 7,015
0
10 years ago
careful, spx could drop hard here:
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Click image for original size
Page(s):
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RA
rat89
Rep: 0
Posts: 7,015
0
10 years ago
thanks duane....we shoulda woulda coulda been bearish at the top of wave 2 abc.....oh well