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    Duane
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    Have a great trading week everyone!!

    Not really sold on this reversal ?
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    DU
    Duane
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    Soon . What does lower oil prices do for the economy ?


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    DU
    Duane
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    Context


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    RA
    rat89
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    duane, great question, and one wonders about the appearance here that this move up is a B of ABC down, for a bigger [C]?
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    RA
    rat89
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    eye on gld .447/ 1.27 at 199.95
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    RA
    rat89
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    gold (abx) - failure to tag the green median line is a failed setup....price went back to the lower green line, twice. So there is a potential bullish retest, but....there is also a bear abcd

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    RA
    rat89
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    I have my eye on 322 area for nflx for a bear trap and spring long, but what happened today was interesting....

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    DU
    Duane
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    (Edited )
    I am still looking lower before higher. but price has other Ideas... Could this be a back test of median lines? Nice ABCD in CD leg.





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    DU
    Duane
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    Nice charts rat. Thanks for posting.
    AL
    albert
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    Duane and rat,

    Thanks for posting and sharing your thoughts.

    Al
    DU
    Duane
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    Still Bearish or a larger ABCD?




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    AL
    albert
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    Thanks, Duane. I left last Tuesday for out of town and got back today. I forgot to post that I would not be posting for about a week. I apologize for that. Thanks for the compliment. I am trying harder to be more discipilined and less impulsive. I will get back to posting soon.
    Good one on NFLX, rat. Way to go.

    Al :--)

    Originally posted by Duane

    I would love to see this get down to the red trend line which coincides with the up green median line. However this b c leg or in Jim's terms C D leg is troublesome. The only thing that this could be is ac ABCD in C or an ending diagonal, which would mean up and another thrust down. Or maybe a one of Jim's Rocking chairs. Or a 1 2 1 2
    What say you Rat ? Even if I get a trigger at this level, I would not be convinced. Come on @1260

    Nice charts by the way Rat, 20 bucks on a 15 min chart. Sweet!! That crazy red median line off the wave 2 down taught me something, thanks! Keep posting those charts Rat thank you!

    The only thing missing from our own personal forum, ( besides Jim and mreiserer ) are some of Al's trades! What's going on friend, taking the week off ? I miss your work, you are getting really good!!






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