Here are my lines for today:

We shall see from here. It went right up off that 4PT, like a rocket, right to the most key area, and couldn't hack it. If that was a top, this should roll hard in here. I just don't see it, but I am ready anyway to trade what I see, not what I think, as they say. Perhaps some bad news to kick it off, news which would cause a reaction because it is set up in this spot. But, I rather suspect it will just grind up in GLOBEX and open on a gap, and up to new highs quickly. The game goes on. I think it will only stop when the bubble bursts, and no sooner. In other words, in my humble opinion, it will be full bull until the apocalypse, with a transition period of about five nanoseconds.

hahaha!or as the kids say lol....jim that last sentence was a classic!

Nice Kane Flat ABCD & Kane DB ABCD both completing at 0.300 Fibo Retraces & at ML of Red downsloping ML Set.

Al Kamegp

Looks like four .786 at a line from the same set would be too much:

So it quickly reached another division line of the same set right at 1.272 external retracement of the last leg up and 1.000 projection of the previous leg down. We spoke yesterday about multiple conjoined ABCD's. Here's another possibility:

Originally posted by jimkane

... In other words, in my humble opinion, it will be full bull until the apocalypse, with a transition period of about five nanoseconds.

Did we already have these five nanoseconds? :-)

It seems that only the solid lines from my set are able to contain the decline. There is also a possible ABCD from the top at LOD, so keeping it is really important for the bulls:

This classic bearish .382 ABCD on 1-min was to much to keep the previous LOD. Not a good sign for bulls:

Originally posted by jarek

... Not a good sign for bulls:

And yet after reaching 1.272 of that ABCD to the tick it is bouncing up strongly. This could be a 3-4-5 sequence or a bigger ABCD is forming

Sorry I've been a little busy, crew.

Did anyone read my commentary from the weekend? Did you see my charts and the chart of the month? I found the 4PT and marked that with the question mark (I didn't want to mention it was a 4PT because everyone would then figure that out), and the lower area is the next one down on the charts. I almost posted a note in here last night as I watched this before bed, saying watch 65 if it hits it tomorrow, because that's the area and timing, as per the charts posted.

I didn't because it sounded absurd, so I figured it would do what I said in the commentary, hit the line later at another grouping. I wish I'd have posted this, but it's all in the commentary. So, I found the 1202 area and posted it in here before the fact, and it held. Go back and read my comments about the 2 area, and the behavior that I would expect, and what it did. Recall my comments about 'news' in this area, and so on. I have been on this in a manner even I can't believe. But, will this area send it up? Look at the chart of the month for other possibilities.

Jim and George - thank you for the compliments. Your efforts here have always been a real inspiration for me