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:

How long until crude takes out the all-time high? Brent is already around 120, that's the real measure. A week? A few weeks?

we shall see

UPDATES.....

a little short followed by a little long

do you think what happened was not due to oil/

Great work, crew, great posts. Very impressive.

PCLN another new high for the move today.

Anyone see NFLX as a buy today for a swing play?

perfect

Originally posted by roofer

do you think what happened was not due to oil/

I just knew there had to be another hit, a bearish abcd to send it down into a bull abcd for a countertrend bounce to work.....amazing they close it right at resistance too

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....