Have you guys been consulting with Torque?
Numbers are hardly as BIG of a thing as you are making them out to be.
Even though they are.
only because some traders seem use round numbers to place their orders doesn't mean "we" are making them big.
there sure are some big walls at the obvious points. so i too set weirdish amounts on my ladders.
Even when I beat to death the idea with people about not setting their orders exactly at round numbers, they still do it.
But sure, I also understand that even if the orders are not exactly set at the round numbers, there will also be a bit of gravitation of orders at various BIG psychological points too, and probably even some playing around of whales and institutional investors to exacerbate an already existing condition to make the psychological price point even BIGGER than it should be.
Part of the reason too, that once we break through some of the BIG round number resistance points, the distance travelled tends to have some irrationality to it, too.
Part of the reason also, if you are still following me, why the previous ATH is quite likely to have a deadman's zone.. and in this current situation, I am still tentatively predicting it to be (and perhaps I am even being a bit too conservative on the topside of such zone) in the $17,250 to $23,500 arena..