I added the set shown on Friday by Roofer to my DJIA chart. Doesn't this combination look interesting?

Look at this beautifull The Trade setup I posted in WSE thread.
We won't reach the profit objective there without SPX contributing heavily to the downside ;-)

Yes, I saw that and I think it should drop from here. But I also try to keep two rules: "trade with trend" and "trade what you see". If they break this up setup its ok, but I think I still have higher probability when I trade up.

I personally for some time already never trade against The Trade by Roofer

i tend to find a better edge away from the snp....it is remarkable that jim's pound the table insistence on the importance of the .886 and 1.128is not in the written literature of the more famous fib writers and is considered a joke by more ''sophisticated traders''over and over i hear how ''fib does not move the markets''' but try to explain this action by telling me the big traders and their computers do not know where the .886's and 1.128's are...

Oh, the big players know, roofer, in my opinion. The charts seem clear to me on that one.

my point exactly... those saying they don't are blind.

Should the spx make a final low the low 1080's could be an area of interest setting up an exp or flat abcd

How did you chose the third pivot (the one that is not on the spike line) for your The Trade setup on NEM?

We have now a nice classic Trend Direction ABCD suggesting by its name the direction of the current trend :-)

AAPL a few pennies short of 214 today. Smokin' at all-time new highs. GOOG a penny shy of 626, also just exploding to new highs for the 'bull'.

Also setting new highs today for the entire 'bull': Mid-caps, Russell, NDX, NASDAQ Composite, and the SOX Index.