as you see failure at the first of them (3721) and again rotation...

Lock's Cable Corner

if acceptance above them, we can instead see a new test of current high 3758 or at least remain into balance waiting for PreUS participants.

Lock's Cable Corner

Now, watch out again, as if it will not gain acceptance above 3721, 37225 and 3727 it can rotate again.

Lock's Cable Corner

Did you appreciate the precision?

Lock's Cable Corner

Note that 36985 is pit unch of January: so it is testing January pit close before preUS open

Lock's Cable Corner

and here we are at spike base 37015

Lock's Cable Corner

yes indeed...

Lock's Cable Corner

as you may appreciate again...

Lock's Cable Corner

and here we are at half back 3743: watch out again as we are in a rotational environment

Lock's Cable Corner

not so easy to explain in a few words. I'll try to answer later. I suggest to read some of my posts in the mean while.

Lock's Cable Corner

..as you may appreciate...

Lock's Cable Corner

so levels that can stop this are, repeat them: 3727, 37225, 3721 and 37015

Lock's Cable Corner

...as clearly current high is weak as it is a tag of previous weak GB year high 3758. So you are only seeing a liquidation. It can last but it can also do not last

Lock's Cable Corner

B period high at half back:watch out if you'll see nothing below 37225 or 3727

Lock's Cable Corner

if nothing below 37225, back to current high. If acceptation below it, liquidation can continue lower

Lock's Cable Corner

open, test current year high 3758 and now testing 3727 and 37225

Lock's Cable Corner

37225 main GB level for today: it's January GB close and we are slightly above it now. If acceptation above it we can establish a new year high or remain in balance. If acceptation below it we can correct some of the weaknesses left downside, like ...

Lock's Cable Corner

New possible GB gap upside from yesterday GB high 3676. If so the price zone 3676-36925 will be a double gap. We do not have a good pit yearly high at 3746. Current Tokyo high is poor at 37275. We left downside a mess of weak levels, especially: ...

Lock's Cable Corner

Now, if full balance at preUS open, expect shakeout at news. If GB will not continue lower, see you tomorrow.

Lock's Cable Corner

...as you may appreciate again...

Lock's Cable Corner