The Swamp

Quoting gatorinla

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I dont like the 6h being below 1737 atm for longs. The 12h often follows it. 1724 has some day support at 1724x. Sustaining below may mean a retrace. The R area 1737/49. Sustained above 1749 should be bullish {image}

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Quoting gatorinla

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1737 and 1749 are markers. They are higher than past markers. That gives a bullish bias. Above is where bulls want to go. Bears want to prevent that. So they can be s/r. But they also have the bullish bias. So they can have their sentiment cemented now. The 12h closed above 1737. When above 1749 sustained. It can run to 1831 or 2081. If its Bullish, it may not stray too below 1737. It appears to be bullish to press 1749. Next week when sustained above 1737, its pressure against 1749.

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Quoting gatorinla

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If its Bullish, it may not stray too below 1737. It appears to be bullish to press 1749. Next week when sustained above 1737, its pressure against 1749.

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Quoting gatorinla

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{quote} Today is next week.

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Quoting johncen

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{quote} All looking bullish for now but may need a retracement towards 1680 or 161x before attacking higher levels. plenty of news this week, anything possible

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Quoting gatorinla

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{quote} That's the problem. Should it re attack a month level, or does the larger 1737 and 1749 hold? {image}

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Quoting gatorinla

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{quote} The 6h often directs the 12h. a 12h close above 1742.6 leans toward a pressure to break 1749x. It also leans more to a run above it, even if don't happen until late in the day after LC. The attraction to 1762 is likely gonna raise it. Also 1737 may support this. If correct pa would likely not drift more than a short distance below 1737. Then rise back quickly above 1737x etc. Pa may also never reach below 1742. It may force this low support in this area to b/o north then above the upper magenta line. On the smaller day frame, sustained above...

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Quoting gatorinla

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{quote} The 6h often directs the 12h. a 12h close above 1742.6 leans toward a pressure to break 1749x. It also leans more to a run above it, even if don't happen until late in the day after LC. The attraction to 1762 is likely gonna raise it. Also 1737 may support this. If correct pa would likely not drift more than a short distance below 1737. Then rise back quickly above 1737x etc. Pa may also never reach below 1742. It may force this low support in this area to b/o north then above the upper magenta line. On the smaller day frame, sustained above...

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Quoting johncen

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{quote} 1737 is holding so far. No sign of any retracement yet!

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Quoting gatorinla

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lets see how she does this time. {image}

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Quoting gatorinla

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{quote} The 6h often directs the 12h. a 12h close above 1742.6 leans toward a pressure to break 1749x. It also leans more to a run above it, even if don't happen until late in the day after LC. The attraction to 1762 is likely gonna raise it. Also 1737 may support this. If correct pa would likely not drift more than a short distance below 1737. Then rise back quickly above 1737x etc. Pa may also never reach below 1742. It may force this low support in this area to b/o north then above the upper magenta line. On the smaller day frame, sustained above...

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Quoting johncen

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{quote} should see 1780 at least but we are going sideways waiting for red news mayb

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