Another week of the Jim and one or two other people show?

Very curious they didn't get the stops...

Watch those AA earnings.

Still halted. Trying to figure out if they should open it 20% up, 30% up, or even higher?

That's it? Let's see if they start to buy like crazy as the momo followers pile on.

ES up almost 7 from that low right after cash close. Not bad. I suspect tomorrow could be a monster up day, at new highs. Let's put it this way, if not, I'll be shocked. I think the odds of the previous high being an intermediate top have dropped to under 10% now. I have been a big proponent of an intermediate top somewhere in here up to those areas in the 1,100's, and roofer just posted again he thinks his setups should be coming together soon, but I am slowly shifting to 'super-bullish'. Unless we have a catstrophic market shock event I think they will just keep printing money and forcing it into stocks. I think we are in what may turn out to be the biggest bubble in history. I doubt they will 'do the right thing'. I think all the bulltards may be right, we may be headed for Dow 20,000 soon...

Hmmm, and just after Jim says he thinks the market may keep going up the futures explode and are up +11 right now. That big ABCD sure was a nice one.

Good morning all!

Jim is that yesterdays ABCD you been talking about?

Marco, I was referring to the big one Jarek showed on page one, which I also showed in last weekend's commentary.

I think we are going to point D on big 0.886 ABCD pattern. It is also at 50% retracement of bear market. This is weekly chart. We can also see similar structure on other markets.

Okay, that's it for me. Another awesome day for the CL. A great week for the ES off that big ABCD, giving nice bias for intraday trading, as well as a nice play off the area for a 'swing' trade. I can't ask for more than we got this week. But, hey, that's just how I see it, just one man's opinion.