K keeptradin' Oct 19, 2011 #14,825 Quote from Laissez Faire: Yes. 20 should act as support if higher. Lining up well with the 20-EMA at the moment. Morning highs at 22 may also act as support. More... It's very tempting to buy this level, but I would prefer to see a test and failure at 20 before going long. Pulled back just enough there to run the long stops below 22 before popping up again. Lots of trickery going on here...LOL!! Starting to look like a bear flag/pennant, with 22 as the bottom. The spring is coiling tighter and tighter!!
Quote from Laissez Faire: Yes. 20 should act as support if higher. Lining up well with the 20-EMA at the moment. Morning highs at 22 may also act as support. More... It's very tempting to buy this level, but I would prefer to see a test and failure at 20 before going long. Pulled back just enough there to run the long stops below 22 before popping up again. Lots of trickery going on here...LOL!! Starting to look like a bear flag/pennant, with 22 as the bottom. The spring is coiling tighter and tighter!!
C chaykapwr Oct 19, 2011 #14,826 We break 1227.25 and we will explode to the upside AGAIN...this is incredible
B bigsnack Oct 19, 2011 #14,827 Gonna keep an eye out for the same thing to happen again: Attachments 2011-10-19-tos_charts2.png 2011-10-19-tos_charts2.png 68.5 KB · Views: 65
Picaso Oct 19, 2011 #14,830 If NQ breaks, I'm long (ES) If not, chop before the Beige Book? Attachments nq.jpg nq.jpg 45.1 KB · Views: 55