Okay, I guess jarek must still be skiing, so I'll start this week's topic. Let's make it another monster week for quality posts.

Actually, that higher timeframe chart you showed does show how important the recent high is. It would indeed be amazing for it to go through there without a checkback to push off of.

or was this red line the story? also watching that iwm is holding the top of the first hour range...

Originally posted by jarek

I suspect this move down may have some legs. At the end of the day almost nobody expects anything serious to the downside with so many indexes smoking at new highs... But my itching didn't stop

Originally posted by jimkane

Maybe you need to get some ointment for that itch...

Originally posted by jarek

... But my itching didn't stop

I don't think it's curable

Anyone ready to buy in here???

Me decisively not!

Where's roofer? Hope he didn't leave...

we could get a snap

Originally posted by jimkane

Anyone ready to buy in here???

noooo.....it's all bout that orange set

Originally posted by rat89

we could get a snap

Originally posted by jimkane

Anyone ready to buy in here???

i am ready to buy....

SLW five cents from a new all-time high.

Here's my usual look:

Here's my surprised look:

Now we see if it acts like today's ES, or if it follows through to those SL areas.

Thanks - I must have been sleeping indeed