The question is: was this already it, 1 day and 9 points away from our perfect 'symmetrical' target or yet it needs to reach the 1.000 ABCD regardless of the time factor:





This 3D at spike line might suggest the former, but if it breaks to the upside it might break the whole ABCD as well and go up, up and away as per Jim's scenario

Originally posted by jimkane

... I just can't see a new LOD ...

So that would be quite a hint if bears managed to get there ...

Oh, yeah, a big hint. But, it could still be a test of the pattern. You know, a bigger Game Zone game. I think most likely it will drop a bit here and play some games in the middle. But, like I said, if someone told me they were taking an intraday short shot off this I wouldn't say they were crazy. I just prefer patterns that make me feel they are likely to move towards taking out the A point, and here I just feel the odds favor some games, and then up. Even if it dumps, I still feel the odds are lower on this one.

Watch 51.50-52 very closely.

And yes, 52.25 is 'close enough'.

Get ready...

Originally posted by jimkane

Watch 51.50-52 very closely.

I see the 'Kane Zone' is really key for you

Yes, with an ABCD and key line(s).

The areas above I will be watching are around 58 and 62. If this takes off. It still could put in a better lower high here, you never know.

Yep - if this small .382 bullish ABCD fails then bulls may get some headwind:

Sure did react off the Game Zone.

Too frickin' funny

Originally posted by jarek

Yep - very interesting finish to what looked like yet another day from "Reminiscences of a Grilled Bear"