not real strong ofr a setup, the initial target is back to 818.5 just above gap resistance....if it can't make that, then I vote for a run lower, to 50% retrace of the last move up [803 area first then 792]. if it does make it over the gap rim, then there is a lot of air to fill and it may run nicely. yellow arrows mark the 3 bars that confirmed the last minor top.
ER2 charts
Moderator: moderators
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
-
- rank: 150+ posts
- Posts: 170
- Joined: Fri Aug 25, 2006 2:39 pm
- Reputation: 0
- Location: Florida
- Gender:
touched the yellow dashed neckline over night, this sets up the range for the day between 815 and 811 or so. if the bulls are alive this thing will just dribble sideways for a bit yet and then try that gap again, if the bears are strong 815 remains resistance and we go lower before setting up a substantial base again.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.