Any chance of more than one or two people in this topic for the whole week?

Okay, got it, and replied.

Okay, I'm out. What an insane trading day. Like I said a little while ago about studying that day, this is another day to study. Every big intraday move was off a pattern and major line. It was amazing. Do the work, it's all there. Study this until you see it.

I know I said I was out for the day, but I just wanted to reiterate my thoughts. This thing is in a super-tight coil here. It has wedged itself down with multiple interlaced 4PT's, playing off the key uptrending lower // for the big bullish DT ABCD that this started up off of, and the 'W2' 4PT and downsloping lower // from its set. Seldom have I seen the market move off areas so well. It is just about at the apex of this 'triangle'/coil/4PT interlacing, and I think it is going to explode out of there. If the intermediate top is in premise is correct, then down it goes (watch for initial fake out traps), and if the market goes to a zillion before the end of the year premise is correct, then this will move up out of the coil and continue the DT ABCD move.

It has waited as long as it could to 'decide'. With sentiment through the roof I would expect the top is in and down this goes, but my gut keeps telling me they just printed another trillion and sent it to the primary dealers and said 'You know, we are appealing this disclosure nonsense, and I don't think we will ever be forced to tell anyone what we are doing, and so I think we need another party. Get this money into those index futures ASAP and bust that coil to the upside, Boys. And I mean make them shorts cry. Get this thing moving.'

Hey, it's just a 'hunch', a gut feel, but I am really getting a feeling we are going to be at the 1.272 off that DT ABCD before you can blink. I don't make predictions, I let the price action speak for itself, but I want to tell everyone that if the price action starts up big in GLOBEX tonight or first thing tomorrow, I plan to be ready. You all know I want them to crush this overbloated worthless piece of junk, but I can't let those feelings interfere with what the charts say. As roofer said, you just hold your nose and take the money. If they want up, I'm ready for up. Right now we have two competing areas wedged right to the breaking point, and something is going to happen. I'll be ready.

next stop...here comes the train...

Well, it did explode alright. If they want to buy this at all they are into the first zone for that right here, at this big ABCD. I was ready for the MRRD's to win this one, but perhaps Ken Lewis stepping down was enough to scare them off, who knows. It did what I had most hoped for, so I'm a happy camper.

Possible ABCD off the top exactly on the line. This might have been a fake breakout to the downside before the final leg up:

Nice chart, Jarek, that's the ABCD I was looking at. There is also a primo adjusted set right in there, and some other things. So we will soon see what this thing intends. I still think the sentiment was so extreme it would be hard for this thing to put in a higher high at this point, but that's old-style thinking, because this thing hasn't went up because people whose sentiment is being recorded are buying, it went up, in my opinion, because manipulation money from the gov has been poured into it. So, sentiment can be anywhere and that manipulation can do whatever it wants. In that regard, if they want up, up it goes, and I'm giving this area a lot of respect.

Notice the 3-drives here on say a 13-min chart into the meat of the ABCD area. I am still staying short side bias until this proves otherwise, but the factors are lining up for a potential bounce, so I am watching closely for that in case it unfolds.

what setups today...in crude and Es..not as good as yesterday>>>>

Did you see that little DT ABCD in crude that rocketed this up here 80 cents so far in minutes?

Interesting, a little ABCD fake up and then they dump it. I don't put too much stock in what happens here, but it would be curious if they could get it back to the RTH LOD.