35 replies to this topic

[zoropb]

Morning all, we are looking at a potential high in the 1841-45 zone today. O. they held the 1929.50 close so today you get bonus points on a close over 1838.50 with the time remaining in the week unless the Job situation news tomorrow is off the chart going to be tuff to get the 1856 print by Friday close. I think after today's high it's real risky to go for the new high. I lean toward new high but not worth it past intra-day scalps. The hole below is huge to those big MA's I would not doubt this to be the last pop the boyz need to dump the last of the inventory for 2013 to set up the buy way down there and pick up the inventory at wholesale again for the rally run of 2014. Starting to think we see the lows for 2014 earlier rather than later. Feb.-May some where but one day at a time.

[selecto]

G'day, Z. On the 60 min cash we are trading through a falling 50 ema. VST bearish of late. We see.

[zoropb]

G'day, Z.
On the 60 min cash we are trading through a falling 50 ema. VST bearish of late. We see.

we are waiting on st bias it went negative pre-cash market open but I expect it to turn in a little while.

Need to hold 1831.50 on 5 min. ....gap to close 1833.25

Edited by zoropb, 09 January 2014 - 09:45 AM.

[zoropb]

Until it does just sitting on hands.

[opinionated]

Thanks Z, Planning on exit today at 1846 But 1842 is the hurdle. My BB line is 1834 My cycle is Friday or Monday but will jump today by the close to target in. THANKS!! O

[zoropb]

Thanks Z,

Planning on exit today at 1846 But 1842 is the hurdle. My BB line is 1834

My cycle is Friday or Monday but will jump today by the close to target in.

THANKS!!

O

Don't be greedy O. I doubt we get over 1845 today not worth it past 43. I will not take a long past 41. That is if the st bias flips but need to take care of some biz down here first. Ah as I typed gap closed.

[zoropb]

Ok now that old biz is done we need to hold that 31.50 and get positive again or the gates of drop open.

[zoropb]

not much to stop it until 1828 if we lose the 31.50.

Edited by zoropb, 09 January 2014 - 10:28 AM.

[opinionated]

Agreed my numbers a fog in the distance now. Gaps all filled, but Tick has favorved bears since the open.

[zoropb]

until the st bias turns north no thanks.