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Thread: tsptalk's Market Talk

  1. #2989

    Default Re: tsptalk's Market Talk

    The morning is starting out with a fill and spill. The gap was "almost" filled and then it started to pullback. Getting some resistance at the top of a gap is not uncommon, but will it last?




    The bulls have the momentum now and it could be a bullish cup and handle formation, but old Slim sees a pattern that he thinks is troublesome...



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  3. #2990

    Default Re: tsptalk's Market Talk

    Quote Originally Posted by tsptalk View Post
    The morning is starting out with a fill and spill. The gap was "almost" filled and then it started to pullback. Getting some resistance at the top of a gap is not uncommon, but will it last?
    OK, the "almost" is now a fully filled gap. That was a nice comeback from the early push back mentioned above. Now the tough part begins and which direction it turns now may tell the short-term future. New highs or resistance at the top of the gap?


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  5. #2991

    Join Date
    Jun 2004
    Location
    Boiled Peanut, Georgia, USA
    Posts
    45,673

    Default Re: tsptalk's Market Talk

    I like slim but he doesn't post often, I think tomorrow might be a good day to go 100% G, we will see.
    Links Crude Settle $49.35 05-18-2017
    +$.28 Gain




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