Interesting week ahead with SPX dropping on Friday most in 2 months right from the levels and lines shown by Roofer. Also his old DJIA set suggests that bulls need to be aware:





Quite interestingly Thursday's high was 80 years to the day after the 16 April 1930 top of countertrend rally from 1929-32 bear market

Originally posted by roofer

roofer, i think you'ld better go work in your garden.....

Bullish abcds still playing out nicely:

Now to 7.50?

Very curious it 'sees' the little bearish 1.000 ABCD here.

Originally posted by jimkane

Now to 7.50?

... if not, that would be serious warning for the bulls

Originally posted by jimkane

Very curious it 'sees' the little bearish 1.000 ABCD here.

... it's 1.272 version is defending the way to that 7.50:

Yes, very curious and telling action... Watching this 4PT in here now. One ABCD after another.

And right up to a new HOD off that 4PT.

Well, they got to 5.75 on that push to my 7.50 area. Same as yesterday, they fell a tad bit short of my highest area. Overall, still pretty cool action, with lots of ABCD's to work with. Nice charts today, guys.

So, who loaded up in anticipation of the inevitable huge, monster, bigger than ever imagined blowout in AAPL earnings? How much of a pop up will AAPL do? 15? 20? More? 260 on the jump? 270? 275? 300 coming soon? We know it will be a huge jump, the only question is how huge will the windfall be for all us savvy investors???

my apologies for showing sloppy work today... i was so eager to get my trade off and get in my yard that i did not dial down and see the micro gap left on open... thus for seventh day running price opened on gap on five, the computers searched out the .886, and that was it for the day... price was off and running..