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...

Be careful in here...

not trading in here..i was refreshing and didnt realize it went to a new page..sorry for the delay

Okay, the next key area has been hit right here. It has that nice ending move pattern signature, but no ABCD. They sure act like they want to run it, and the downside 'correction' is once again over, but let's see how it handles this critical area. Great action today, for sure.

i always wonder if ashort at 106275 is a chance

Once this key area has been taken out, the risk for shorts gets pretty high, especially with no ABCD structure.

ES just went + again there.

The next 'magnet' is around 1076 or so. This will be a great test here to see if this has any more gas left in the tank.

Watch 66-67 on the way up (double line convergence there). If it gets beyond this VAH here at 64. Just some comments on things to watch for clues. Otherwise, it's just a ride the long side with a trail and see what develops.

i was asking myself how much gas in the tank in this rally to fill the gap at 1080-1102..it seems like much higher prices are in store maybe around 1180..do you still fill we will take out the 03/06/09 low?

Eventually, probably in 2010 or later. I think the final bottom will be in 2012, and a new secular bull cycle in 2017, so 2012-2017 would be range trading up and down. But that's just my most likely scenario based on secular 17.2 year cycles. It would take some horrific economic times to have it play out, but based on what I see I can't imagine it playing out any other way. Time will tell.

quadruple witching today ..lets see how it goes

71+? Or just more chop?