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Lock's Cable Corner

  • #7,301
  • Nov 9, 2020 8:28am Nov 9, 2020 8:28am
For Pit, possible test Jan unch 3209 and note Brexit low at 3227
Ubi maior minor cessat
  • #7,302
  • Nov 9, 2020 8:31am Nov 9, 2020 8:31am
Pit opened at 3200: first for continuation upside, is acceptation above its own open level. If not expect test of 31765.
Ubi maior minor cessat
  • #7,303
  • Nov 9, 2020 8:33am Nov 9, 2020 8:33am
Quoting Lock
Pit opened at 3200: first for continuation upside, is acceptation above its own open level. If not expect test of 31765.
and here we are: crucial level now.
Ubi maior minor cessat
  • #7,304
  • Nov 9, 2020 8:37am Nov 9, 2020 8:37am
please subscribe me if you like my notes, thanks.
Ubi maior minor cessat
  • #7,305
  • Nov 9, 2020 8:38am Nov 9, 2020 8:38am
Quoting Lock
Pit opened at 3200: first for continuation upside, is acceptation above its own open level. If not expect test of 31765.
bounced once at 31765. Let's see if it is enough or not. I want to see price above current hb and open to continue higher.
Ubi maior minor cessat
  • #7,306
  • Nov 9, 2020 8:42am Nov 9, 2020 8:42am
Quoting Lock
{quote} bounced once at 31765. Let's see if it is enough or not. I want to see price above current hb and open to continue higher.
if not, re test of 31765 almost sure and then if it find space below it, 3149. Let's see.
Ubi maior minor cessat
  • #7,307
  • Nov 9, 2020 9:01am Nov 9, 2020 9:01am
Quoting Lock
{quote} if not, re test of 31765 almost sure and then if it find space below it, 3149. Let's see.
And here you are at 3149 test...
Ubi maior minor cessat
  • #7,308
  • Nov 9, 2020 9:02am Nov 9, 2020 9:02am
Quoting Lock
{quote} And here you are at 3149 test...

Now, if rejected back to 31765 re-test. If accepted: strong liquidation to 3100 and or 3079
Ubi maior minor cessat
  • #7,309
  • Nov 9, 2020 9:04am Nov 9, 2020 9:04am
Quoting Lock
{quote} Now, if rejected back to 31765 re-test. If accepted: strong liquidation to 3100 and or 3079
rejected and .. back to 31765
Ubi maior minor cessat
  • #7,310
  • Nov 9, 2020 9:05am Nov 9, 2020 9:05am
Quoting Lock
{quote} rejected and .. back to 31765
31765 that is now also half back. If acceptation above it, we can retest current preUS high 3208. If not back again to 3149
Ubi maior minor cessat
  • #7,311
  • Nov 9, 2020 9:07am Nov 9, 2020 9:07am
And btw: watch value not price. Monitor for relation with Friday pit value. Is current value building above or below it?
Ubi maior minor cessat
  • #7,312
  • Nov 9, 2020 9:13am Nov 9, 2020 9:13am
Quoting Lock
And btw: watch value not price. Monitor for relation with Friday pit value. Is current value building above or below it?
May I know what is your friday pit value based on your chart template
  • #7,313
  • Nov 9, 2020 9:16am Nov 9, 2020 9:16am
Quoting brewmaster
{quote} May I know what is your friday pit value based on your chart template
3134-3170
Ubi maior minor cessat
  • #7,314
  • Nov 9, 2020 9:19am Nov 9, 2020 9:19am
Quoting Lock
{quote} 31765 that is now also half back. If acceptation above it, we can retest current preUS high 3208. If not back again to 3149
From last failure above 31765 it attempted 3 times to reach 3149 and never got it. Important info here. As if you will not see fast acceptation below friday unch odds are in favor to balance or continuation upside.
Ubi maior minor cessat
  • #7,315
  • Nov 9, 2020 9:32am Nov 9, 2020 9:32am
Quoting brewmaster
{quote} May I know what is your friday pit value based on your chart template
Meaning current value is buiding above friday pit value?
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  • #7,316
  • Nov 9, 2020 9:33am Nov 9, 2020 9:33am
Now, the first info we got today is that pit find acceptation below its own October high (inside month). If confirmed huge possibilities downside. But to have this we need to get acceptation below 3149. If not...
Ubi maior minor cessat
  • #7,317
  • Nov 9, 2020 9:35am Nov 9, 2020 9:35am
Quoting brewmaster
{quote} Meaning current value is buiding above friday pit value? {image}

Right now current value is overlapping to higher Friday pit value. To revert this we need fast and sure acceptation of price below Friday pit unch 3149 because if so value will start to revert and build below Friday pit one.
Ubi maior minor cessat
  • #7,318
  • Nov 9, 2020 9:44am Nov 9, 2020 9:44am
Now price finally managed to go below 3149 with current C period action. If C will close below 3149 and next period will be not able to retake above 3149, that one will be a good occasion to sell. If instead we will see price back bove 3149 and gaining acceptation above it that could provide us balance or a new opportunity to retest current high.
Ubi maior minor cessat
  • #7,319
  • Nov 9, 2020 9:46am Nov 9, 2020 9:46am
Quoting Lock
{quote} 3134-3170
Note that right now we are exactly at the base of Friday value... If it is a serious sell we need to build value below it. If not..
Ubi maior minor cessat
  • #7,320
  • Nov 9, 2020 9:49am Nov 9, 2020 9:49am
Quoting Lock
Now price finally managed to go below 3149 with current C period action. If C will close below 3149 and next period will be not able to retake above 3149, that one will be a good occasion to sell. If instead we will see price back bove 3149 and gaining acceptation above it that could provide us balance or a new opportunity to retest current high.
Will you short during E period if D could not retake above 3149 ?
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