Son of If You Can Draw a Straight Line . . .

[llIHeroic]

Quote from niko:

I am having issues trying to come up with important levels for the open, yesterday session is telling me that we are in a range just not sure about the extremes.

So far look for selling at 90 and buyers around 80

Yeah, hard to say where things are likely to go. An upside BO attempt isn't out of the question, and unless things are as clean as yesterday, we'll probably see some congestion if price decides to try to pass through 75-80.

 

[niko]

9:31 DL broken buyers rejected at 88.
9:35 81-87 is turning into one of those unhealthy chop areas.
9:38 Overlapping bars.
9:39 DL broken, back in the chop

 

[Hooti]

struggled up, then fast down to ~ 50% since the open.

See if 50% holds or folds.

 

[niko]

9:45 SL is good, sellers pushing, at last.
9:48 SL broken 50% holding
9:51 Short at 80
9:54 SAR at 81.50

 

[timokrates]

one more short to 74?

 

[Hooti]

higher low is choppy again

955 yet 50% at 83 seems to be holding, perhaps for the short

956 then again, not!

 

[niko]

Quote from niko:

9:45 SL is good, sellers pushing, at last.
9:48 SL broken 50% holding
9:51 Short at 80
9:54 SAR at 81.50

9:55 New DL
9:58 DL holding 50% holding. but not so much eagerness in buyers.

 

[Hooti]

we don't know up from down yet for today?

 

[niko]

Quote from Hooti:

we don't know up from down yet for today?

My reason for the long was that 80 was a premarket level for me. That is why I ignored the fact that we were driving towards the TR.

10:01 DL fanned. If buyers do what they usually do, price will reach 90, but as always, they can do other thing

10:08 Here is a hard choice for the all in all out crew. Close at the first sign of weakness at pot R or hold on for a BO.
10:12 50% holding. DL gone
10:15 Out of the long. Will wait for this to resolve.

 

[Gringo]

We have an opening high and low now. Keep your eyes open to price being stuck in between. When in doubt go back to SL/DL.