None of the 2 recent big bearish ABCDs made it to 1.272 of it and now bears may have to pay for it. Any move above Friday's high should confirm this:

Reacted right off those, with trigger. But will it sustain?

also double IB..

Originally posted by EricD

also double IB..

Yes, that's where my idea that a move above 16 would signal possible trend until close.

O'bummer to talk in two minutes. Should explode the market up, right, as the taxpayer dollar spenders ramp to make what he says look good...

we have 3-4-5 finishing sequence basis 5 min chart now...i would like to see it turn down quickly as we had a trendday yesterday and most traders are expect it to rotate back in. It would give it fuel to your premise of trending into the close..

I'd prefer it rolling hard. They couldn't get much lift off O'bummer's comments. But, this may just be an ABCD in here and up it goes. They are trying to get me off my DBS 1.272 overlap rollover. And it may do another push up to my key 16-17 area. All I can do is pick my spots and respond to what it does.

Recall what roofer says when a Kane ABCD sets up against a trade... It needs to take that out ASAP.

Just like that.

Watch this 10 area very closely.

Off it like a shot. But, a bounce and roll would give it the juice to roll hard if it wanted to. We'll see, it's still all about upwards manipulation at this point, in my opinion.

Very weak after cash finish, one point from the RTH LOD. This gives some promise for that potential bearish ABCD, especially coming into the usually weak triple witch June OpEx week after time period. I can't wait for next week and maybe some real action. Today was a real dud. Ho-hum, yawn, zzzzzzzzzzz, I need to go outside and do some work and wake up. See ya Sunday night.