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Lock's Cable Corner

  • #6,421
  • Feb 19, 2020 1:21am Feb 19, 2020 1:21am
Note that we are still inside yesterday Gb session range 29705-3049: balance rules apply.
Ubi maior minor cessat
  • #6,422
  • Feb 19, 2020 1:23am Feb 19, 2020 1:23am
Note C period high exactly at 2998: weak money selling there.
Ubi maior minor cessat
  • #6,423
  • Feb 19, 2020 1:33am Feb 19, 2020 1:33am
Quoting Lock
Note C period high exactly at 2998: weak money selling there.
Punished.
Ubi maior minor cessat
  • #6,424
  • Feb 19, 2020 1:34am Feb 19, 2020 1:34am
Quoting Lock
{quote} {quote} Testing 02_13 GB spike base 2989. And 2985 major GB ref (NOV GB high). Watch out.
Both rejected.
Ubi maior minor cessat
  • #6,425
  • Feb 19, 2020 1:35am Feb 19, 2020 1:35am
We need acceptation above 30165 for any further continuation upside.
Ubi maior minor cessat
  • #6,426
  • Feb 19, 2020 1:37am Feb 19, 2020 1:37am
Quoting Lock
We need acceptation above 30165 for any further continuation upside.
If so next level to consider is 30365. If not expect balance or a new test of lower maj refs.
Ubi maior minor cessat
  • #6,427
  • Feb 19, 2020 1:39am Feb 19, 2020 1:39am
Quoting Lock
Note that we are still inside yesterday Gb session range 29705-3049: balance rules apply.
remember that we are still inside yes GB range: we are still in balance for now. Moderate your expectations accordingly.
Ubi maior minor cessat
  • #6,428
  • Feb 19, 2020 1:43am Feb 19, 2020 1:43am
Quoting Lock
{quote} remember that we are still inside yes GB range: we are still in balance for now. Moderate your expectations accordingly.
thanks for reminding Lock!!! this comment brought me down... was getting excited ..
  • #6,429
  • Feb 19, 2020 3:28am Feb 19, 2020 3:28am
Quoting Lock
{quote} If so next level to consider is 30365. If not expect balance or a new test of lower maj refs.
And we got a new test of the lower references...
Ubi maior minor cessat
  • #6,430
  • Feb 19, 2020 3:30am Feb 19, 2020 3:30am
Quoting Lock
As written 29705 is yesterday GB poor low. It should be removed but.. Watch out as the major reference that could make the difference is 2954. even if not reached because in that case a big retracement is possible. If instead we will see acceptation below it we could imagine something important downside.
29705 in my opinion is now almost sure because we have2 back to back poor lows: the problem is what we will find below it. Balance rules apply.
Ubi maior minor cessat
  • #6,431
  • Feb 19, 2020 3:32am Feb 19, 2020 3:32am
Also G period is an inside one: so is balance rules also on a minor scale
Ubi maior minor cessat
  • #6,432
  • Feb 19, 2020 3:33am Feb 19, 2020 3:33am
Monitor carefully the possible reaction at 2954 if reached but even if not reached.
Ubi maior minor cessat
  • #6,433
  • Feb 19, 2020 3:36am Feb 19, 2020 3:36am
Like yesterday but on the opposite side, the only "safe" place to put a stop is above major refs 2985-89
Ubi maior minor cessat
  • #6,434
  • Feb 19, 2020 3:57am Feb 19, 2020 3:57am
I don not like 2987: if left going downside, carry forward this info.
Ubi maior minor cessat
  • #6,435
  • Feb 19, 2020 3:59am Feb 19, 2020 3:59am
Quoting Lock
I don not like 2987: if left going downside, carry forward this info.
Taken out.
Ubi maior minor cessat
  • #6,436
  • Feb 19, 2020 4:06am Feb 19, 2020 4:06am
I do not like this situation..
Ubi maior minor cessat
  • #6,437
  • Feb 19, 2020 4:26am Feb 19, 2020 4:26am
This is tricky..
Ubi maior minor cessat
  • #6,438
  • Feb 19, 2020 4:30am Feb 19, 2020 4:30am
The fact is that I don't think current low is possible but at the same time is rallying upside from G period. Conflicting info here. Maybe a new test of 30015 yesterday spike base? In any case it forced me out from my short. And it force me in a new long. Let's see.
Ubi maior minor cessat
  • #6,439
  • Feb 19, 2020 4:44am Feb 19, 2020 4:44am
Well, in any case: for upcoming preUS refs are yesterday pit unch 29965 and obviously 2972 and 2975.
Ubi maior minor cessat
  • #6,440
  • Feb 19, 2020 5:22am Feb 19, 2020 5:22am
USDX weekly situation. Take care.

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