Welcome back everybody! Good to see so much activity and some new faces here

There was also a lot of action in the market while I was away. The basic question is, as Jim pointed out already, whether Thursday's 3D ended in a meaningful PTA or not. The best lines I could find for this area are following:



They don't look very convincing and there is no pattern, so the reaction at the current area should be very important:

congrats on your DBC... GOING PAR/

DO YOU THINK THEY WOULD TRY THIS STUNT?

you do have to wonder about that possibility

which way??

You nailed that one, rat. Sweet. Keep us posted as to your management. Nice job.

Originally posted by rat89

Originally posted by rat89

watching gdx 61.15 = .886

taking it short here at .10

Click image for original size

For what little it's worth, I'm intraday long side bias ES.

But I'd be shocked to see much more than grinding action and swift checkbacks...

thank you jim.....aiming for the median line....

spy lifted off that area, but pausing at .382 at .49....
still can't tell if this is a bull trap or a bear trap.... went long at 130.98

I'm cautious with the long side until the Kane Zone holds. Something like this is still possible:

Watching this potential bearish 'W2' ABCD in here (I think that's very low probability), and the 17.00-17.75 area next.

iwm bounced at line, at .941/ .618......how far will the bounce get? interesting how the new schiff set sits right on top of the last one....