Jeeps if you're about I just noticed your post from the other...

  1. 4,710 Posts.
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    Jeeps if you're about I just noticed your post from the other day.

    CCL there are three levels you need to remember.

    903 area, currently giving support
    1070 area, this area is critical as it will dictate whether a specific structure will remain valid. If CCL runs above 1070 then the probability that the 903 area will act as a major low will increase significantly. If CCL can't break above 1070, or worse if CCL bounces off the 1070 area it will set up a new impulsive bear move.

    As of right now the probability of CCL running down to the 631 area is less than 40%. However if 903 fails to act as support WITHOUT CCL running 1070 then the probability of 631 being hit will move quickly from less than 40 to more than 80.

    The lines in the sand are very clear on that chart.

    Cheers

    PS: ANZ no signal
 
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