So there is another chance to extend the recent string of Monday up sessions, which Jim is stressing so much lately. Based on the fact that Kane ABCD completed exactly at .382 of the previous swing we know that there is exactly 87% chance of taking out February highs. And looking at counts posted on various sites by prominent elliotticians pointing to imminent start of wave 3 of 3 down, we may expect that there should be enough fuel to propel such a rise.

Nothing decisive happened to the long term picture of the issues posted here last weekend. One interesting development though is 10Y yield. While many (including myself) were expecting a break and acceleration to the upside, we had a strong move down right off Kane ABCD:



Hard to imagine that this was a Wave 2 ABCD, but we can't rule it out...

Today's high was exactly at .786 of the whole drop, very close to 1.46 of our ABCD from last week and right on the spike line. No wonder that such spot produced at least some reaction to the downside:

Classic Flat ABCD sent this thing further down:

I was just going to post asking if everyone saw that flat, and I refreshed and saw your chart. Great job. This is the kind of posting I dream about being a regular thing in here. Now let's see if they got it out of their system there, or if the 'heaviness' this thing is showing me is going to start that bigger correction that is so overdue.

It swiftly moved right to the lower ML forming a possible bigger 1.000 ABCD where the flat above was just a BC leg. Clue time:

Looks more and more "heavy"

And did everyone see that little 1-min ABCD there to keep it moving down? This is just classic trend action.

1-min volume spike over 20K contracts...

Rather last chance to turn it up today:

This flat ABCD looks better on RTH. It was made on the cross of ML and upper parallel from standard forks. Wish to see it sooner :)

The critcal line(s) for this to turn up must be upsloping. Downsloping lines are primarily for timing, in where they intersect the upsloping line(s). This is a crucial concept.

Okay, folks, the one man show is over for the week. We got a high close for the week, we got the big up day I expected today right off that ABCD I mentioned, we got the jobs report beat I expected, it's all following the manipulation script as expected. I see some exciting times ahead. I think the only thing that can stop this runaway 'bull' market is a crisis. Not the threat of a crisis, but the actual crisis grinding manipulation to a halt. Since the expected reaction to a crisis is to manipulate the market up even further, the only thing that will likely stop this, in my opinion, is a crisis such that they simply aren't able to run money into it at that point.

Keep an eye out for my monthly commentary, which I hope to have posted tonight, but if not then, by this weekend. See everyone Monday. All two or three of you...