Man, I can't believe you guys. Not one single post last week in the weekly discussion, and no one starting the topic this week...

The opening price is also the POC, which is where it bounced from twice today so far.

1064 area is also the key line and .447 area, and VAH.

63.25 is the .382 area, which it sure 'sees'.

rotation factor on profile is pointing lower...we never had 10 days closing postive before and yesterday was the tenth day ...right now it rejected the globex opening price 106325..how far is the rubberband going to stretch...?

The real critical point to watch here, for the intraday movement, is what it does right in here right now. If the downside has taken over, this should flush now. A bounce right here above the low, although it could be part of a small ABCD, is not correct behavior if the downside is in control. Watch this closely.

Barely got that posted, and swoooosh it goes.

This thing is behaving incredibly technical right now. Just amazing.

Okay, multiple TL's here, and a 'finishing move' pattern. Same thing holds, what they do here is a big clue. If they can't bounce it a bit and it goes straight to the lower 53-55ish area it should climax it short term.

gret feel jim..

Look at this roll off that small .382/.447 area.

71+? Or just more chop?