Kroger Gets VERY Interesting Here!

Now, the Rubber HITS THE ROAD as the LONGS ARE UNDER PRESSURE.

CAN THEY HOLD THE NEW WEEKLY MM LONG, shown here(??):

http://tos.mx/Eo7gXf

OK, I have edited the FIB setup to move the price values to the left side so you can clearly see the blue highlighted value on the right (bottom) and it is VERY CLOSE to breaking the "secular" long MM setup which is drawn from $5.50 up to the HIGH at $42.75.

IN ONE WEEK, and clearly over one session, KR has nearly broken its long and if this happens, I will avoid KR.  TAKE A CLOSE LOOK:

$24.13 SHOULD have seen buying and it was ignored by the Robots (bots or ALGOS)...and they moved price into a low at $20.46 which is above our $19.73 LINE IN THE SAND, the 61.8% line or a break of our long.

Now, there was a series of shorts going into that Amazon Announcement already and clearly, someone knew SOMETHING was coming a you can see a consolidation from 10/3/16 to the big red engulfing bar that appeared this past week.

Next up, DAILY chart bars finally..all shorts!

DJ