K keeptradin' May 16, 2012 #8,811 Quote from Laissez Faire: Looking long from here to me as long as 34 holds. If that does not hold, back down to 27,75 seems most likely. More... I am expecting a gap fill, bidding 28.
Quote from Laissez Faire: Looking long from here to me as long as 34 holds. If that does not hold, back down to 27,75 seems most likely. More... I am expecting a gap fill, bidding 28.
L Laissez Faire May 16, 2012 #8,813 Quote from keeptradin': I am expecting a gap fill, bidding 28. More... If we trade that low, I would expect a test of 25,50 as well. Choppy action. Snapped back up here. Still not clear to me which way we go from here. I think I will lose faith in the short for now if we take out the current HOD.
Quote from keeptradin': I am expecting a gap fill, bidding 28. More... If we trade that low, I would expect a test of 25,50 as well. Choppy action. Snapped back up here. Still not clear to me which way we go from here. I think I will lose faith in the short for now if we take out the current HOD.
K keeptradin' May 16, 2012 #8,814 Quote from keeptradin': I am expecting a gap fill, bidding 28. More... Nice bounce off the pivot area ~ 32. Heading for R1 ~ 38.
Quote from keeptradin': I am expecting a gap fill, bidding 28. More... Nice bounce off the pivot area ~ 32. Heading for R1 ~ 38.
K keeptradin' May 16, 2012 #8,815 Quote from keeptradin': Nice bounce off the pivot area ~ 32. Heading for R1 ~ 38. More... Short 38.25, Stop 41.25. Looking for a quick reaction.
Quote from keeptradin': Nice bounce off the pivot area ~ 32. Heading for R1 ~ 38. More... Short 38.25, Stop 41.25. Looking for a quick reaction.
K keeptradin' May 16, 2012 #8,816 Quote from keeptradin': Short 38.25, Stop 41.25. Looking for a quick reaction. More... Covered B/E, took too long, may be headed higher.
Quote from keeptradin': Short 38.25, Stop 41.25. Looking for a quick reaction. More... Covered B/E, took too long, may be headed higher.
L Laissez Faire May 16, 2012 #8,817 Looks like we`re gunning for 42,50, IMO. Possibly 50 by the close today. :eek: Would need to take out 42,50 and 45 first of course.
Looks like we`re gunning for 42,50, IMO. Possibly 50 by the close today. :eek: Would need to take out 42,50 and 45 first of course.
M mastacoli71 May 16, 2012 #8,818 Quote from Laissez Faire: Looks like we`re gunning for 42,50, IMO. Possibly 50 by the close today. :eek: Would need to take out 42,50 and 45 first of course. More... I think we could. This market is so oversold right now that a bounce is in the cards especially since the masses are probably shorting into this move. Will give more fuel to the fire.
Quote from Laissez Faire: Looks like we`re gunning for 42,50, IMO. Possibly 50 by the close today. :eek: Would need to take out 42,50 and 45 first of course. More... I think we could. This market is so oversold right now that a bounce is in the cards especially since the masses are probably shorting into this move. Will give more fuel to the fire.
L Laissez Faire May 16, 2012 #8,819 36 = opening range high. 35,50 = 50% retracement. Looks like someone may be front running that long entry.
36 = opening range high. 35,50 = 50% retracement. Looks like someone may be front running that long entry.