Bride of If You Can Draw A Straight Line

Just focus on the line. Just keep swimming, swimming, swimming.

 

Then I am lost, what I see is a DL that was broken and a RET forming

 

The delays in posting create problems. I meant to type that there was no broken DL. Now of course there is, with a RET at 0938.

 

The top of the hourly range provided R, but it was not necessary or even desirable to anticipate this. The break of the DL did not occur until after, and the RET did not occur until after that. Therefore, nothing is gained by "anticipating" R.

 

Hehe, I thought I was looking at the wrong market (and I was, I had the dec contract still in the screen, So thanks the confusion helped )

 

$ hits the SL and continues down. This does NOT mean that the SL provides R.

 

I don't know about you guys but this is like shooting fish in a barrel today.
0954: SL break.

 

9.:55 SL in trouble.

 

SL is broken, so you will either have an opportunity to go long or to re-enter the short. Depends on the RETs.

 

9:57 According to the drill entry at 61.50