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

Yes, jarek, that may have been two degrees of 'W2's'. If so, watch out below. I hope so. Still, be very cautious right in here at this area. This is the 'range bottom' of the range since Thursday close. It may go (give way), but I can't imagine it not being gamed, or manipulation ramped.

Notice it's also an 1.000 ABCD to the tick at the low there. Not an ABCD in a trend, per se, but an ABCD in a range. Where's T when you need him? Also note, here we sit, RTH closes in ten minutes, what will they do to close it at a key spot?

2.75-3.25 is my next level, but it they break the range, who knows. Maybe a break to there and then the snap up.

99.00-99.50 next level below.

where it went....

This is a very curious layout. The previous range ultimate low is at 5.25, I also have an upsloping line in there, and a key .300 at about 4.50. It may not be able to do any more than this. I'm staying intraday short-side bias here, seeing what it does, and what it does after RTH close, but it should really start to struggle somewhere soon. I'd expect a bounce and then we'll see if they are serious at all. Great, great potential trade, this one was, in my opinion.

Why such hurry? Everybody will be served ... at the lower green ML

Sorry, not bragging, just smiling ear to ear myself, after all those hours of waiting, I was able to read exactly what was coming. I posted that first note at 15:32. Go to a 1-min chart and look at where that is and what happened. To me, it was very clear, as shown with jarek's charts.

Originally posted by jimkane

Hmmmmm. How did he know the ES was going to do that???

Originally posted by jimkane

Last half-hour flush? Vol coming out of the hole like a rocket? We'll see...

Okay, took that out handily. Now at my first posted level. Closes right at a key level, once again, just not the one I most expected.

Originally posted by jimkane

This is a very curious layout. The previous range ultimate low is at 5.25, I also have an upsloping line in there, and a key .300 at about 4.50. It may not be able to do any more than this. I'm staying intraday short-side bias here, seeing what it does, and what it does after RTH close, but it should really start to struggle somewhere soon. I'd expect a bounce and then we'll see if they are serious at all. Great, great potential trade, this one was, in my opinion.

Wow, is this suh-weeeeet.

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...