well, I wish I could describe my 'vision' with a single line ,and a simple answer, but my charting uses a whole bunch of stuff...this chart is what I start with, and then draw lines, and look at the support /resistance levels, pivot points, elliott wave pattern, fibonacci retracement, andrews pitchforks, fibonacci arcs, draw trendlines, and then I let my dog chew it. and sometimes certain manipulated painted prices that look like they were crafted by somebody's HFT computer algorithm, shows us a bottom at 1200 and a top at ?? 1400, and some moving averages at ...1300...and the picture starts to look like a childs drawing. we have a bottom at 1180, a recent pivot low at 1240, and right in the middle of that now is 1220. I like to play around with numbers and geometric math.
Ive learned to see price targets as a wider zone instead of a single penny point. so the last zone I was anticipating was the 1240, and somehow, after that got hit, my intuitive sense said....no, its going lower still. not sure when, but the chart started looking like 1220-1210 area.
now the weekly bollinger bottom is showing a pullback target around 1260, and below that is the 1240.... which may have to be a technical buy , in addition to dry powder waiting for 1215.
its all a guessing game. here comes my dog, I gotta let him chew on it now.
and now Im starting to see a new idea to draw upon.... I am looking at the end of year,on the chart and starting to draw lines from There to the present and see if anything looks like it fits. just a curious way to play with chart drawing. If a cartel Cray can do it , why cant we. lol where would you like decembers price to be? consider it done.
....Oh wait, look at last years chart from August thru December..... thats what I'm talking about.
News 
Market Data 
Discover 
