jefftan
Long

JACK IN THE BOX : CONFLUENCE WITH AB=CD

NASDAQ:JACK   JACK IN THE BOX INC
89 0 0
Swing CD nearing exhaustion with strong pull towards the confluence area before a possible retrace of price down to ML.

If price touches the confluence below, it will be pushed down to ML..
however
if prices lands on top of the confluence from above, it will jettizon up and then it will be time to draw the WL.
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