C'mon, this action is awesome, let's see some posts.

Long here, but I am very guarded in case we are in a bearish Wave 3 here, willing to take partial profits at .382 if price action says so

Now .. TD ABCD forming on 5 min chart. Let's see if it goes down now .. I can't short :( I am a little bullish

watch the TD at 382 here, key spot

you said it first Tomo

this is the tough part, I'd love to short this :)

well .. it worked for now :( but my 'context' was bullish :)

and now ABCD down from yesterday top at 78.6 ... this is 61.8 ABCD so I am not sure if important. But I have nice division line here also. oh .. forgot to add we have three drives to bottom here with first bottom at yesterdays close

And didn't we just make big 4 Point Continuation at todays low? counting from the highest high in this run.

Yes, tomo.

But also notice the big head and shoulders top, too.

quote:

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Originally posted by jimkane

I think we'll gap up big tomorrow and be at new highs by the close. Just a thought. Probably gap to 60-65, but over 65 gets it above that key downsloping upper //, so they may do that. With the checkback we had it won't likely hit 942 tomorrow, but the time factor hits better for Monday, and it may do that, or just ignore that time factor and hit it next week whenever it wants. I would be shocked if we don't see 942 in short order. The cool thing will be that if it did all that, it would be right off this 4PT. Keep in mind my super-key area I've been waiting for for so long at 883-85/898 on the way.

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I'm losing my touch. They only gapped it up to 855.50, and then ran it... But with the stress test results due out later today, I'd be shocked if we aren't at new highs by the close, with the close at HOD.