hey private banker , may i ask what mp that is for think or swim ?

thanks

Target hit

Gee! who would have thought some squiggly lines might beat the powerful MP.

Crude continues to find bid here. We just continue to drift higher and higher. Looking at a bigger picture perspective we can see that the market is trading within "value" and seems determined to run up to the upper 1st SD level (VAH). The RSI is well within the overbought territory however, this can remain overbought for quite some time. We still have a good sized gap above that could be on target to getting filled as well and maybe take us up to the 105 area.



Usually whenever you see the market continue to limp/melt higher like this, its followed with a violent sell off. We've seen this over and over. With the daily ranges continuing to be fairly subdued, it increases the chances for a crushing reversal but who knows, maybe we test the swing high of 114s but it just looks like a trap. This appears to be the case in just about all risk markets. Everyone on the street seems to be bullish, the world is saved, we can borrow into eternity with zero repercussions, lol! Good luck with that right?

Ok so we now have a single print tail in "A" period

we saw buyer responding after the open sell drive, this is now a good day ref point if we can hold the single print TPOs

Attachment 100282

I thought we needed at least to wait until the close of the "B" and start of the "C" period in order to know that we have single print in the "A" period. Just the fact that the "B" period is inside the "A" period doesn't mean that we have single prints in the "A" period.

Am I missing something?

Thanks, Kulu

I was suggesting that i wanted to see the see "A" TPO period hold

I was just trying predicting what was going to happen before it happened

This of one of the Key skill required i think to use "Market Generated Inofrmation"

To see some thing before it happenes and then act on your belief

Im far for as good as i need to be, but im learning fast

Look at private banker......predicting that we would see the spike down into the close

I know that a diffrent situation...but never the less. Its reading into some thing before it happens