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Re: Market
In Response To: Market *PIC* ()

Thanks Nagual and Tango.
After finally piecing 13280, the market traded up to the high, 13300 where the ICEBERG selling continued. After 101 contracts traded 13300, the market began to slip.
I did have a small trend-line, 13160 ballpark. We saw an initial wave lower but the market found initial support @ 13085. The next wave, was not so kind. Vicious sweep down to the current low of 12815.
The market has stabilized a bit. It seems to me that following a wave of stops, we got what appeared to be some type of liquidation in the area of 12880. 1600+ contracts have traded 12880-12885.
Once again, we are back in the box. As Nagual states, still consolidating. Intra-day :
38.10% 13000
50% 13058
61.80% 13115
FWIW, 1.381% of yesterdays TR is 12785. WE found support just a shade above that level.
Gt.

Messages In This Thread

Whoa! What just happened?
Re: Whoa! What just happened?
Market *PIC*
Re: Market
Re: Market *PIC*
Re: Market
Re: Market
Re: Market
Re: Market
Re: Market
Re: Whoa! What just happened?
Re: Whoa! What just happened?
We are at a 14 year cycle low *PIC*
Re: We are at a 14 year cycle low *NM* *PIC*
Brazil's Rainfall at 14 year cycle low *NM* *PIC*