At levels and volumes high..nice risk vs reward for long
Mid 20's been major support/resistance for a while..worth a watch or stab with stops...could be a whoosh and pop as well..so set alarms and watch level
the low 1260's are next support as it once was resistance.. trend is still bullish over all..at worse a retest of highs is coming at some point..V tops very very rare
VPA showing potential for buy down here and retesting
Started early but that happens..when volume comes the price moves fast...
Worth stabs down here for pin action higher..volumes on retest crap
Easy buy near 249 with stops..cheers
Just beware of the floor in op ex pin action..it's 250..SPY will try and stay over it.
All the chasers from the feds not raising rates puking up longs as feds announce two rate hikes next year...
Keep an eye on the 1239-1243 area...cheers
Worth watching this set up..see what happens next
Nice area to build swing longs with stops...Pretty simple stuff...low risk high reward..lose a dollar make 10-15 at worse if right..if wrong oh well
Now were up against the roof of the action...going from 1217 to 1240 likely sellers short term at worse...going into NFP and tax loss selling could see some volatility...long term looking for DIPS to buy...i wouldn't chase....
Nothing new in dollar...until mid 96's break and upper red zone fails it's holding up...Nice place to short maybe now at the backside of uptrend....will be fun to hit play in time
Long term bottoming processes can be tough to time..double bottom potentially lucky formation to make moves up?
3 trend line touch...then a short term retest of the major zones going back years and support at 1210-1215...looks like such...will need to see it hold here..if not seasonality of end of year tax selling could take us back down to the 1180 plus land...cheers either way and use stops!
Beware dollar finally topping..was early in thinking cause watching the red zone between 97-98 but it's doing what it does when trend change potentially..>CHOP CHOP CHOP
Red range lows hit and tested..been adding gold down here with tight stops...if broken maybe trend line test 1203-1205 in play. Cheers