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'"

I enjoy the little quips.

Kane TD ABCD completing at 0.486 Fibo Retrace leading into Kane Standard Equivalent ABCD. The Kane Standard Equivalent ABCD PTA coincides with confluence of Fibo Retraces 0.954 & 1.272 & 2 Simple Lines. Kane Trading rocks!

Al Kamego

I agree with Al that today's low was very well justified geometrically. This is how it lookes on my chart:

another view... larger 1.27/.786 running correction...

HOD is also in a very interesting spot:

Originally posted by jimkane

Imagine if it had another leg left to go :-) ...

Originally posted by jimkane

This 79.50-80.50 area here is critical as a 'first test' for this thing to move up. Who knows, because they love to game it so much in GLOBEX. Regardless, this is an area I want to watch for clues.

Now three points right off that 79.50... Pretty cool. Reacted right off the first 'test' area. But what it does from here is the tell. The reaction was expected.

So, it kept rolling in GLOBEX, down to 71, which was my most key area, the 'imagine it had another leg down' area, as also shown by jarek with his chart. I had some insane lines and things right there. It was the wait with my catcher's mitt spot. And look at this run up. No mercy. Just a ride until it stops move. But right here is a key line, so I'm watching this. I doubt anything will stop this manipulation train, but maybe a tiny little pullback shortly(I doubt it)? Ride until close, as I used to say all the time. Still, this is the spot that if they were going to sell some...

My post got posted in the wrong spot, so I had to cut and paste it here, late. That's the exact line and spot I mentioned, jarek. Nice chart. I doubt it will even slow it down, which goes to show the game they are playing here that so significant of a spot can't even pause it after a monster run straight up, but it is worth watching.

Thanks for sharing, guys. Cool charts & comments.

Al Kamego

Cool analyses, too.

Al Kamego

First little hint here they see the area. Notice the natural TL, too, right overhead in here.

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...