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Breakout or fakeout
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J P
Posted 11/30/2018 19:49 (#7139143 - in reply to #7139059)
Subject: RE: Breakout or fakeout


JC STONE - 11/30/2018 19:13

Getting a bad feeling Century. Even if the news is positive it wouldn't surprise me to see the JP spike and then a quick reversal lower


Hi JC,
While a spike is possible, I never suggested that. I said prices job was to trade above 906, with room to 920. Maybe it occurs that way but if I had a choice I would think price would dance around and take time to achieve it. The markets to me say the meeting is a non event and no agreement will be reached. Hopefully I am wrong and it blows through and just keeps going. Just wanted to clarify that.

Take care
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