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, at the area and reacting. May do one more little push up, or not. But if they roll it here and it takes out that LOD, watch out. I've only seen this pattern fail three times now in 12 years.

Notice how as soon as it started to approach the LOD, with this pattern now clear, they came in hard for it? Now an ABCD fully at the price flow area, so last chance for the pattern to roll it down. If they break it up, I can add #4 to my short list of times I've seen this fail. Given how they want to support this level, it would surprise me if the pattern worked out. I'm ready for a big burst up here any second.

And there it is, right on schedule. Manipulation is an interesting thing to watch.

Watching 36 and 40 next.

Okay, that's it for me. I'm not sure for next week if I'll keep coming in early and posting so much. Although we had some great posts, it's only a few people. With so few it's hard for me to get motivated to work so hard. I wanted to see, if I really contributed a lot, if the number of posters would increase, but it really made no difference. Same tiny handful. So, we'll see going forward, but I'll probably cut way back.

jim- i have no frame of reference.... how many people are reading the posts vs. posting?..... ON ANOTHER NOTE... t laundry says his indicators are set up the same as right before ' 87 crash.....

jim- you have been incredibly generous with your time...no one would be upset if you took a break, shut your screens off, and took a break.. i find i trade better when i wander in the real world now and then....just my 2 cents...

the crash of 87 was something else....the whole collapse in 2007-2009, the recent flash crash.. both seem like child's play in comparison... here's why.... the market stopped functioning... back then, the market makers MADE the market in most stocks... on the tuesday morning after the black monday, most simply did not pick up the phone... stocks had NO BID. now after the flash crash fiasco where those who were willing to put a bid out there had their trades busted,do you think they might just sit on their hands?one can wonder if jim's nano second might be upon us...you know all the talk about the dive in PG in the flash crash?stocks like PG,MMM were down for real 20 bucks on the open in '87.

jim- i had never considered t laundry a super bull... he has always said that after his latest t completed( he had thought august, but now thinks it has completed) a depression would be upon us.

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...