Can the recent high in February stay with us for quite longer than almost everybody is expecting at this point?



We may not know the answer to this question for some time to come, but in my opinion this is a viable alternative to consider!

you have to admit they are good... so much price movement, so little volume... if in retrospect these are 1's and 2';s..... hell we''l be at new all time highs in snp by next week....the abcd/ abcd in IWM does give me pause.....

It is nuts. I see nothing but up myself. VIX did the second biggest drop today in history, and the biggest weekly drop ever. I'd say they are back to 'risk on'. Have you ever seen so much bad news totally ignored? There is zero connection to fundamentals anymore, in my opinion.

The Midcaps had the same nice-looking ABCD as the Russell, too.

This is too funny (and too true, with the exception of a few super-skilled countertrend traders like roofer)...

http://www.zerohedge.com/article/presenting-generic-traders-desktop

Make sure you click on the image so you can see it better.

as always, if the geometry is close, price will''stretch'' past til it kisses the furthest, then it turns....

Fantastic geometry, roofer.

here's the strange kicker...............if our work has any validity( of course those above getting 7 votes as they tried to short before it got to pivot would say it does not)then of course price had trouble at this pivot....

amazing roofer.....it's really interesting how much is right there

Originally posted by roofer

here's the strange kicker...............if our work has any validity( of course those above getting 7 votes as they tried to short before it got to pivot would say it does not)then of course price had trouble at this pivot....

rat89,
I like the color contrast on your last charts -easier on my eyes.

you mean white bg vs blue? interesting...

Originally posted by tx_ches

rat89,
I like the color contrast on your last charts -easier on my eyes.