Disliked{quote} New GB test below 3000 failed and here we are again exactly at 30215...Ignored
Ubi maior minor cessat
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Disliked{quote} New GB test below 3000 failed and here we are again exactly at 30215...Ignored
Disliked{quote} Monitor for acceptation or rejection above it. Next level upside 3039. If rejection back to a new test of 3000Ignored
Disliked{quote} Here we are at 3039: monitor for aceptation or rejection above it. Note B and C periods lows at HBIgnored
Disliked....GB September inside week high 3000 last week low 29185 Monitor for acceptation or rejection above or below them. .... Also note Tokyo session high is very poor at 3055: in case of rejection downside it's a good first target.Ignored
Disliked{quote} In this previous post I suggest to take into serious consideration a simple sequence of events: in the last two consecutive pit sessions, price went down immediately at open. Those opens are at 30745 and 3116. Maybe you may ask questions: why this is important and why this could possibly provide me an opportunity in the future? In order to understand current situation you have to reason from the perspective of those who sold immediately at the open of a particular session. Market open and I immediately sell. I do not test above...Ignored
Monitor for acceptation or rejection below or above them.
Weak refs upside 30745 and 3116
DislikedMain refs for US 30445 weekly pit unch 30185 Friday pit low 30075 September pit inside week high Monitor for acceptation or rejection below or above them. Weak refs upside 30745 and 3116Ignored
DislikedVery weak structure left downside. Carry forward this info in case of continuation upside.Ignored
Disliked3068 is also important (previous GB week high, not the last one , the one with the major cluster of stop that ignited the last big rally): if reached, monitor for acceptation above it or not.Ignored
Disliked{quote} Here we are at 3039: monitor for aceptation or rejection above it. Note B and C periods lows at HBIgnored
So, in my opinion none of these level should have a long life: in order to understand the possible sequence anyhow I strongly suggest, as always, to take this market a piece at a time. Take into consideration major references, monitor the reaction of price at those references and act accordingly.
Major refs for upcoming GB session are: