So, another Sunday night GLOBEX session way up, and another new high for the entire 'bull' market, as 1180 bites the dust.

Now, notice when this hit that potential support area I was, once again, ready to get back on the long side bias. And once again we are at new highs for the move. That was some 15 points ago already. My point is, my approach is to lean on the long side until it breaks. Will we see 1,400 soon? Maybe. Could that high tick at 1180.50 there be the highest price the ES trades at for the next ten years? Possibly. Anything can happen. But, what do the odds favor? Which way is the trend? Is the trend your friend? Do you say that, but then fight the trend endlessly? Me, I'm always about my saying: "I'm goin' with the flowin'"

C'mon, Baby, get legs. Gimme a fantastic close for the week on my last setup. See why I harped for so long and hard against all those 'W2' setups, be it on the intraday or longer term, and why I stay with the trend?

Cash close acceleration. Let's see if it can get the second area in after cash.

Staying with this.

"Ride, ride, ride, will ya let it ride?"

-Bachman Turner Overdrive

Apropos, for the market that is in endless overdrive.

C'mon, 93.50.

92.50 would not be enough? :-)

Yes, jarek, anything between 91 and 93.50 is enough for the week. I was just hoping it would shoot for the 'stretch' and hit the high end for a wild close.

93! Close on the high tick. Ride until close was the play.

Now, did that unfold as I suspected? Did I get that read right, or what?

Originally posted by jimkane

... Did I get that read right, or what? ...

You got it damn right as usual :-) Have a good weekend!

Thanks. Not looking for pats on the back, but to show the logic of the thinking, hoping to pass that on.

came in from my garden and saw i got ''boinked''!after first swing down, i move stop to break even, willing to give them the comish...