kbit 

I thought I would post a daily Ichimoku since its been a while... Based on my observations over time I would say in about 10 days we should get a drop to at least the top of the cloud and more likely a move to the bottom or lower. Take note of how nice was support at the KS a couple days back.

Don't forget this one...next Tuesday is the big day.... (that'll be pretty good if I get this one right)

I'm expecting the lie to continue tomorrow, I expect we will get some upside ....
I am of course not trading but will have my bucket of popcorn with me while I watch the game.

Sorry about not posting areas to watch, I knew it would be messy and didn't want to cause any trouble.



This is a shot of todays Ichimoku...as you know I expected at least the top of the cloud to get hit....

I'm no expert but I suspect it will bounce off this and make a larger move down in the next few days....I could be wrong but will play it as it comes.

Wow, I'm actually kind of surprised the jobs number was that low (120 K) ..... I guess reality might be coming back to some degree.

The rate ticked down to 8.2 however so...

kbit 

Wow, I'm actually kind of surprised the jobs number was that low (120 K) ..... I guess reality might be coming back to some degree. The rate ticked down to 8.2 however so...

Maybe they just figured it if was totally unrealistic, again, then someone would insist on a real investigation. So they made up a new, more down to earth number.

Mike

kbit 

It “should” drop to confirm at 816 for a downside target of 784, but it may make the rarer upside break on confirmation at 848 for a target of 880.

kbit 

Wow, I'm actually kind of surprised the jobs number was that low (120 K) ..... I guess reality might be coming back to some degree. The rate ticked down to 8.2 however so...

The 18 point drop caused by the jobs report certainly brings that 784 target in to play!

salisem 

The 18 point drop caused by the jobs report certainly brings that 784 target in to play!

I forgot about that but then I don't really pay a whole lot of attention to those guys....( not saying they are wrong)
Anyway I have to look over things but just looking quickly I'm eyeballing about 791

I'll spend some time and see if I change my mind and agree with them or not....( not saying that I'm right)

HAPPY EASTER

I can make an argument for this thing going back to 813 so that's a spot to watch ....

Before that we need to get to 805.1 and stay above it....that's the key spot in this deal as I see it.

I know it might seem like a stretch but it's there and being that we now have a higher high it's more possible now but like I say 805 is the key spot here so keep an eye on it

Forgot to mention that 798.8 is a spot to be watched on the downside....it might be that this needs to get dealt with before this thing can visit 805....we'll see

Here's the deal, Im looking to get a long in here somewhere up to 805 or beyond if it plays out but 805 anyway.

It's a shame that we are stuck here at the close at my 98.8 area but keep an eye on these spots tomorrow for some kind of play out of this.

If it breaks todays low I'm going to focus on the 94.5 area then 789.5 area but if it hits that it will probably overrun it by about 15 tick or so.....

To sum it up pay attention to 798.8, 805, and 789.5 on the downside.....794.5 is probably less significant