It ran a bit, gapping up on open, pulled back and did the work it needed to do to get the necessity of filling the opening gap filled, and then I just layed out a Fib fan and looked at the 618.
It was precisely on the 618 if you draw your fan starting at the 2 PM central time 10 minute candle. I mean, using the 10 minutes and it jumps out at you like a neon light. Connect the low of the lfirast 10 minute bar of the last hour of the day yesterday to the high today and you get a spot on 618 picture perfect Fib splay. and there is no volume here as the selling of the gamblers who took a quick position, cashed in on the muve up.
But even with that, the volume of the pull back was not all that upsetting. Put it up on 1 minute cancles and the volume bars dimished in a straight line as the momo of the sellers waned.
And right now, whats it doing? Creeping up, thats what.
The racehorses are stepping up and toeing the line and snorting and panting to be positioned to run once the deal gets the daylight of the conference call.
This is just a picture perfect thing this AM. Hold that 618, baby. hold that 618.
Imperial Whazoo
"Just my opinions, folks. Do your own due diligence & make your own decisions. DO NOT... I repeat... DO NOT make any investment decisions on my comments. They are my opinions. That's all they are... OPINIONS."
