Thursday, September 9, 2010

Pre 2

Ok..this is my map today, my bias favors the lower set of arrows based only upon the fact that they jive with a 120 minute bollinger band/keltner channel combo I have set up. Opening over yesterday's high says: Trend day, or return into Yesterday's range. Yesterday was not quite a trend day, and per yesterdays comments regarding NR7, today *could* be. So, best odds are always for a gap fill..if the gap stays under 15, that's what I'll likely shoot for, ideally off this mornings spike up around 93...depending of course on price behavior at that level...which means if I've got a 3 rb that's gonna close close to that high, I'm going to try and get short at the top of the range bar for a gap fill and possibly beyond to 75, where there's solid support and buyers should come in. Again, based on price action there, a run back to the highs and to 1904 is entirely possible, making the second set of arrows the plan. Losing 75 would not be good. Right now, YesterHigh is supportive.

No comments:

Post a Comment