We have a predefined Kane ABCD, medianline set incorporating the extreme swings of that ABCD, nice separation and retest.
I guess Geo's 93% rule should be in force now ...

Good job, Jarek. It sure paid off.

sure looks like a classic Roofer setup with an 886 re-test to boot.

Yep, good for almost 20 points. Not bad.

I should have said 20 points so far...

Might be 30 or more by day's end.

I'm watching 1002-03 next, but all I'm really watching is how it acts for management purposes. Despite the bearish pattern here, it would take some real action before I'd even think short side.

so it is. so it is. it's a bull market you know....
There have been more and more people talking abut a W formation. Maybe a sign it's not gonna happen, who knows, who cares..

And based on Roofer's rule there is only 7% chance that the year's high will not be taken off in the coming move ...

I have a minor area here at 998ish, and it sure sees it, so I will keep an eye on it, but the 1002-03 area seems like a potential magnet.

1002 is where it would hit the upsloping RTH set's ML. After that 1005, but the bias is up

OK - thank you for clarification