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:

Is this what you are thinking of?

That's it, jarek.

ES at 21.50, my first area is hit. I find it amazing how I can usually pick out the 'most expected' area for this thing to finish, with a level of accuracy randomness would suggest is not possible. I'm not making any claims here, and my areas frequently aren't hit. Still, it seems like it goes right to them way more often that it would with a random number generated chart...

Any chance for 24 half in the after cash?

Look at that!!!!!!!!!!!!!!!!!!!!!!!!!!! 24 is hit is an explosion. They must like something ORCL said?

RIMM and ORCL just exploding.

So, it goes to 21.50, stays there, checks back a point, hangs around, then earnings news comes out and it explodes to 24, and immediately checks back two points. I'd say I had the areas pretty much figured out. Could that be random??? Is that the most likely explanation???

So, futures open up, and are moving nicely, at 24.50 now. They sure seem like they want to put risk on. This is going to be very curious, as we are fully at the area on the higher timeframe where this should be thinking about a 'big' checkback, especially given how rapidly it got to this level. Perhaps a last minute frenzied rush into the area, and then it can come in. Check this change in sentiment out:

http://www.zerohedge.com/article/aaii-confirms-completely-bipolar-market-records-biggest-monthly-bearish-bullish-swing-6-year

Right as it hits this key 'neckline' area, and does so almost 'straight up'.

26.75 at the high. No look like they plan to slow down at all. Risk on. But just drop back and look at that H&S and where this is now. No way, I'm thinking no way this will go without endless games. Get ready.

So, I think this wants the low 30's area next. The way it is acting it will keep me up late again tonight as it heads there...

I rather suspect this will see that low 30's fairly soon here. That will have it up about 10 at that point. My viewpoint right now is simply 'management mode'.

29.50... These guys are so easy to figure out at times it's just ridiculous, in my opinion. They seem to only have one mode...

and so it goes