Here is an interesting story. While writing the topic above I was thinking about what chart to show this weekend. Then I noticed that the second date is a palindrome or in some way it is 'symmetrical'. Then I recalled Jim saying that sometimes ABCDs like to be symmetrical around certain point. Then I started digging and ended up with the following chart:





We may see that the BC leg of our current bearish ABCD, which was an ABCD itself was perfectly centered both in price and in time around its 'hub of the wheel' point on August 17th at around 1082 level.
To share the same characteristic the big ABCD should end on September 29th at around 1162 level. What's more interesting - this point is pretty well justified geometrically. Very curious.

'Goes' means gives way.

Incredible SL and 1.272 in the 33-34 area.

No one wants to get long after this little rollover move to a new low for the move, huh???

Now a 3D into the area. Still no long takers? Does everyone understand my reasoning behind this question?

Nice bearish TD as a result of the Games at the 'Game Zone' plays right into the spike line forming a 3D:

This time you were faster by 25 sec

Small green set did its duty already:

Originally posted by jimkane

...Does everyone understand my reasoning behind this question?

Why is that?

That's not the answer I was hoping for...

I have to leave shortly, so I will answer this tonight if I can. In the meantime, I hope a few people will take a shot at it.

Nice initial reaction to the bearish EXP ABCD in the 'Kane Zone':

Thanks Jim. Have a good weekend!