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looking for 1154.1 to get hit before anything else then either it keeps going or we go up to take out 67.4 and then dump.
That's my official guess, though pretty certain about the 54.1 happening
Can you help answer these questions from other members on NexusFi?
Looking for 53.1 to get hit, though am not seeing a clear signal it's on the way right now. Could go a bit higher...just looking for a decent signal to go short before I do so. 67.4 getting taken out is still likely in the cards so when/if that happens I'm still keeping in the back of my head that the long might be a trap so will be close attn to PA in that event.
What I'm trying to say is that the "book" would have a lot of people going long on that break and I'm somewhat inclined to go against the flow on this one(dependent on PA of course) as I have mentioned in a previous post.
Not seeing anything "clean" right now but will say am looking for possibly 48.8 to get hit and then 42.8(more certain)
who gets hit first and how far they might get run over I don't know.
Looking for maybe a drop to 56ish then up to take out 67.4
The way this is setting up we could run up to 1180 at least and more likely 1200 providing we get a close above 67.4
If it works its way down to 49 I would consider a long there as well.
Overall a lot of guess work going on here and I could be totally wrong...but a few spots to keep an eye on anyway.
My charts are a little screwy today...some kind of charting issue going on but still seeing it overall going to the topside to take out 67.4 and keep running.
This chart shows me aiming for a little lower low than we have so far but I'm not sure if it's going to happen. I'm thinking we make it down to the red line and then it will get up to 50 and ultimately to the top and finally break through 67.4 and keep running. The only complication is that there is a bit of a breakout to the downside that will have to fail here....
Again a little guess work here but it's what's rattling around in my head at the moment
It really depends on the manufactured hysteria about the fed minutes tomorrow. I'm looking for a push up to resistance, then they slam it down hard into a support to take it up to 1170 area by Friday or sooner.