Broader indexes like IWM shown by Roofer and MID below should show us the way in the coming days:



They were usually first to advance in the recent months and we'll see soon if this is the case this time as well

They didn't want to go to the lower ML - they opted for the upper one instead:



This is why I like the green sets

Hitting that green line set upper // here to the tick, the one that jarek posted.

Darn, you, by 13 seconds you beat me. And I reworded mine, or I might have had you. But, you have the chart...

Now everyone can see why I asked earlier if anyone was watching in here.

Originally posted by jimkane

Darn, you, by 13 seconds you beat me. And I reworded mine, or I might have had you. But, you have the chart...

I watch the following set in SPX:



One more push up and that would be it for this whole bull market

In DJIA that push would put us right into the heart of this most ominous setup for bulls:



This set is anchored at 2007 top

I wouldn't count on this thing rolling over too much. I think it wants new highs. We'll see, though. It's a heck of a potential 'W2' test of the recent highs and potential 'top' for this move up. If it wasn't for all the manipulation and free money I'd think it would roll over, at least some. It's such a nice spot...

Hmmm, you beat me by miles with my sentiments there, jarek.

Originally posted by jimkane

... It's a heck of a potential 'W2' test of the recent highs and potential 'top' for this move up...

I would rather see it as a failed W5... And if it really is, then God save the bull!

Yeah, that 1338 rings a bell, but I confirmed the high by various sources and feel it is correct. I even checked several other contracts, but couldn't find that 1338. I've seen it before, though...