Quote from pulsescan:
today is nothing more than an inside day i.e. trading within the range of the previous days high/low. we did not take out the high nor the low. nothing spectacular nothing to write home about. The talking heads are pumping this up as a bottom. Its a bottom alright! we are trading below the bottom of the 200day ma!![]()
Quote from Pekelo:
I dunno, today's pattern looks oddly familiar. Top at 10, pullback into 11, another top between 12-12:30, pullback into after 13, then rally into close. Maybe we should find an appropriate name for it. We could call it Tadu,Gadu,Badu. Anyone has a good suggestion?![]()
Quote from princessa:
how about a "chop it up" day?
Quote from Pekelo:
I guess some posters didn't get my little joke about ADU. Although it was jittery a bit, from the 11 am-ish low it was a decent up line, right until the close, 35+ points, what is so choppy about it? Just play it lazy, get long and enjoy the ride. Even after I posted the obvious (958) pattern recognition, there was still 25+ points to be made (985), assuming one believed me...
yesterdays nip is 62,after that we need to trade and fill below the 54 ledge,minimum of 48,49 edit, the lower nip on fri was 45 so that would be support or target under the 54 ledgeQuote from ammo:
i've got a ledge on the mp chart at 954,those are almost always taken out by the end od the day,i use 30 min timeframes,and a ledge qualifies when there are at least 3 letters jutting out
Quote from Jahajee:
Support areas at 965/67 and 950/953
I expect these to hold and will go long ES if it does.