So we have the continuation of grilling of the bears betting for the big W3 down. I don't think it already reached the point where all of them gave up, so there should be some fuel left for the further rise after these games in the Game Zone:

For those wondering why I have such an upside bias:

http://www.zerohedge.com/article/wonder-why-market-just-surged-one-word-pomo

Anyone watching corn? It has absolutely exploded. Those commodities are signaling another bubble ramp to me. Look at sugar, wheat, cotton, and on and on... Personally, I think there is absolutely no deflation whatsoever. We have a housing bubble collapsing and coming back to trend levels (or overshooting and going a bit below), and everything else is rising as they monetize the debt and crush the fiat currencies (don't look at the currency pairs, all that shows is their strength relative to each other, look at their overall buying power, and realize the pairs value is their relative position to each other as they all are in freefall off the Empire State building...).

I am strongly in the hyperinflation camp. To me deflating two (or three if you count the upcoming treasury destruction) bubbles doesn't make for deflation with most commodities, all the prices at the stores I shop at, my medical insurance (that's whole 'nother insane story), the gas pump, it's all up, not way down. I don't see any deflation anywhere. Every time I go shop prices are up again.

Lots of small bullish ABCDs today - all right to the 'Kane Zone' and all playing right to 1.272 off them. Coincidence?

I like calling that .382-.447 area the 'Kane Zone', since it is my favorite area to trade. So, I think I'll add that term to the KT Terminology page, and if that upsets anyone, well, the purpose is to make posting easier in here with simple terms use, and after all, it is my methodology, my forum, my books, and so on, so I should be able to coin a few phrases without taking too much heat, right?

And yes, jarek, I don't see that as a coincidence at all, either.

Futures open up and quickly head to the high tick of the day. I suspect the high for the entire move off the 1040 area will be taken out shortly.

who knows

I hear ya, roofer. Like I mentioned, this is the neckline area I've been expecting for awhile, and it really should turn it down. I only think up because it seems the gov is pumping money into this thing like crazy, in preparation for the election, and just in general to 'inflate' assets. I'm ready for down, that's for sure, but most likely I think it will do the fakes mentioned in my previous post, to trap as many people as possible.

And yes, I've been triggered to the downside on the ES in GLOBEX at this point. But I am very respectful of the upside power this can have, so I have no intention to fight the tide if the flow reasserts itself back to the upside at any point.

Okay, now this turn here at 16.50, this is what concerns me. That may be it. I'll be watching closely how it behaves from here. It has to bounce and roll for me to stay interested.

It handled that bounce with a nice roll, now down at the low 4.50 since trigger. This is a pseudo-3D here, so I'll apply the same type of caution here if it begins to rise. I have to quit now since it's getting close to 11 PM here on the west coast, but I may set some price alarms, and set the alarm clock for the top of every hour and get up and see what it's doing. Working that in with wide trailing stops is one approach, if one doesn't have a trading partner to rotate shifts with.

and so it goes