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Post by clinton on Aug 2, 2016 9:59:27 GMT -5
someone really wants JBLU below 17
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Post by huh on Aug 2, 2016 10:05:44 GMT -5
someone really wants JBLU below 17 Sure seems like it. There's anothe FIB support ~16.34, but I'm wondering if someone doesn't want that gap filled ~15.73 - which is also the lowest FIB support from that 06/27 extreme low (I was measuring FIBs from the low made the other day)
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Post by clinton on Aug 2, 2016 10:10:09 GMT -5
someone really wants JBLU below 17 Sure seems like it. There's anothe FIB support ~16.34, but I'm wondering if someone doesn't want that gap filled ~15.73 - which is also the lowest FIB support from that 06/27 extreme low (I was measuring FIBs from the low made the other day) I dont do options but id guess 17 calls would be pretty cheap as this gets pushed lower.
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Post by clinton on Aug 2, 2016 10:11:15 GMT -5
Sure seems like it. There's anothe FIB support ~16.34, but I'm wondering if someone doesn't want that gap filled ~15.73 - which is also the lowest FIB support from that 06/27 extreme low (I was measuring FIBs from the low made the other day) I dont do options but id guess 17 calls would be pretty cheap as this gets pushed lower. when they cant push it lower they snatch up all the calls and turn the sell bot off.
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Post by huh on Aug 2, 2016 10:18:47 GMT -5
ES filled a downside gap at 2145.75. Should hold, but if it doesn't, then there isn't much for support until ~2120
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Post by huh on Aug 2, 2016 10:33:32 GMT -5
If oil loses 39.80's then we can expect 38.80's next (which could be a RS of a large iH&S on weekly)
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Post by huh on Aug 2, 2016 11:07:15 GMT -5
If oil loses 39.80's then we can expect 38.80's next (which could be a RS of a large iH&S on weekly) Wow, moving fast. But watch if it doesn't bounce even faster. If I'm right, the next up move should be awesome. This down move in oil makes no sense considering what the dollar's been doing. It's got some catching up to do.
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Post by dino on Aug 2, 2016 20:20:11 GMT -5
If oil loses 39.80's then we can expect 38.80's next (which could be a RS of a large iH&S on weekly) Wow, moving fast. But watch if it doesn't bounce even faster. If I'm right, the next up move should be awesome. This down move in oil makes no sense considering what the dollar's been doing. It's got some catching up to do. $SPGSCLP coming up on good support ~132 which is about 1-2% away. I'll add big to my UWTI there, if it gets there. But I agree, daily is way oversold which if history repeats itself will result in a powerful dead cat bounce at least.
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