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:

Jim - do you think that this big bearish flat ABCD is still a viable option?

I sure do. That is what has me looking at early shots intraday before a setup appropriate trigger occurs (if one occurs). Mostly I look for price action that implies a move may be ending, combined with an intraday appropriate trigger. Otherwise, my intraday approach is following the trend thrusts up.

We should soon learn what are the intentions here:

And thar she blows...

... and the intentions are rather clear at the moment:

Very sweet. Now, a stab through on your setup, jarek, and a snap reversal, or bounce and 'test' from below, and then some real selling starts? This is why I've been wanting to be on the short side bias today at every extreme. Long side when it starts back up, and then wait for the next extreme. This thing could really get crushed if my assumption on the bigger ABCD is correct.

Can't even post fast enough... Tested from below and another push down. 3-4-5 look on the 1-min, so be careful in here.

Key area in here at 6, but then watch 3 next.

We have a natural downsloping set which represents the recent price action very well:

Now a 3D variation here and a bounce. They want to gun it, but they are scared. They usually don't stay scared long when the call comes to ramp. But they also pull back when any volume shows up, so they may shy away from this and it may fall. I'm just 'letting it breathe'. I like to do that when I might have a tiger by the tail.

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.