Placed a 10 lot ar 52.75 last nite ... reverse kiss/ back test of the breakout channel & 50% fib kiss ... But lifted it it just before I went to bed.. in case we headed Deep South .... kicking myself now....
Great hedge ;) .... Guess you saw Spooz reverse south just after you posted!
You have to admit, it is uncanny & kinda funny..... All in good fun B... we`re family here!
27.5 handles isn`t exactly an outrages claim & very attainable in a market like today... certainly not one to exaggerate about.... I`d give him the benefit of the doubt....
You may want to go back and check those calls B... That said, I think u might have it this time as we appear to have broke that downward channel on the 60 min. Good Luck!
I don`t subscribe to Gap Theory .. as all gaps are not filled.. but we have one down around 17-20.... this would be the time to back fill it if need be!
Theme of the week has been the hourly downward channel.... up drafts followed by sharp sell offs... 3120 is the bottom of this channel where 58 ish represents the top end..
That`s the visual...... & the jist of it
We had a nice IHS build out on the 15 & 30 min .. along 5 hr engulfing set up... All signals were strong North... then someone provided the Kiss of Death ... 5 for 5 now!