Muahahahaha. Nice little squeeze into the close. Just came back so didn't make any trades the last hour, but this is what I was expecting it to do. 1310 was key on the NQ.
May be wrong but looked like the EOD pop broke the triangle to the upside. Probably be a choppy run up as long as it holds.
the only thing that has changed is that the futures took out the high but the cash failed to do so. 60 min chart is overbought.
how about a "chop it up" day? other suggestions: chop 'n spring chop 'n pop that's it, chop 'n pop. kinda catchy, don't you think?
I guess some posters didn't get my little joke about ADU. Although it was jittery a bit, from the 11 am-ish low it was a decent up line, right until the close, 35+ points, what is so choppy about it? Just play it lazy, get long and enjoy the ride. Even after I posted the obvious (958) pattern recognition, there was still 25+ points to be made (985), assuming one believed me...
I believed! The 11:09am lower low threw me for awhile but I jumped onboard the ADU long train eventually. The day showed former resistances turning into supports predominantly. Thanks for posting! Stone
yesterdays nip is 62,after that we need to trade and fill below the 54 ledge,minimum of 48,49 edit, the lower nip on fri was 45 so that would be support or target under the 54 ledge
I got 965, 958 two nips from my volume at price chart PP 965 R1 1013 S1 942 Enthios Chart http://cartadiem.com/charts/08-08/E-Oct21-00.png