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:

amazing divergence here...is nem just making a bearish abcd?

just hit .447 at 5244....?

Originally posted by roofer

watching my short in fcx to see if 4 pt sets up

Originally posted by jarek

... There is no pattern yet, but a small bearish 4PT could still develop here ...

Not a 4PT but a bearish KZ Flat developed instead:

careful on fcx @.93 potential 1.27 dbs

Will the small bearish Kane Zone overpower the bigger bullish one showing us direction for the rest of the day?

Time to call it a week in my case. Great to see the highest number of posts since the inception of the weekly thread almost 1.5 years ago! Good trading to all!

see it....something else too...if they defend it

Originally posted by roofer

careful on fcx @.93 potential 1.27 dbs

nope......

Originally posted by rat89

see it....something else too...if they defend it

the mad short seller using the tools

you dropped your tools on that kindle

Originally posted by roofer

the mad short seller using the tools

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....