Here are two interesting long term charts of main indexes:






Isn't it amazing that what seemed to be a disorganized collapse reversed dramatically exactly where it should according to geometry??

Okay, great day, great posts. See ya all manana.

Originally posted by jarek

As per Roofer's calculation there is an 87% chance for taking out the swing low

Didn't take much time to satisfy the rule:

Did I put something together and show it to you guys, or what? The methodology, I mean.

Now, there's a nice little breakdown. 42.50, down 9.75. It's starting... :-)

And the bounce in a little ABCD, and then down off that. I need to stop sleeping and try to trade 24/7...

in chaos there is order.....there was good posting yesterday... i was just playing the computers game these last two days... again the #1 way i know that the odds of a trade i am in have collapsed is if a kane abcd sets up againt it... that is what happened in my gold trade, i posted that as well as my stop... i was stopped out soon after with some change in my pocket...

Nice charts, roofer.

Gold hit 1245.40...

They're off!

Lot of commitment on the open, eh? I guess that run up of almost 20 points off the GLOBEX low has very temporarily halted their enthusiasm. But not for long, right? My key line is right here, and jarek's line is near the ABCD. When this coil unwinds...

geometry...

fyi, i took a portion of trade off at line from set... but i kept a portion on with wide stop equal to profit....we shall see...