Best guess is we make another top today. looks like the weekend update regarding the bullish case (3 hump pattern,etc) may be right on. There is good resistance from 1112-14 today and support around 1087-88
One observation I have made today and wonder if you think this applies in general. When the day is overall bullish and bearish projections often stop around the 161 rather than the 261. What do you think, Kool?
12:15 statement from Bernake will (should) be market moving.
THX, RBURNS... WE ARE NOW IN THE TIME FRAME FOR THE 5 MIN HIGH..IF NOT THIS BAR ,THEN THE 12:00 TO 12:05 BAR
which bars were u looking at Kool for that cycle high? (5min)
LOOKS LIKE IT CAME IN AT 11:55!
PULLED THE TRIGGER AT 1106.75! DAM HARD TRYING TO TRADE...AND POST!!!