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.

What a triangle with that line and the downtrending TL. Now it's back to that downtrendling line, again. It just keeps saying 'up' to me, screaming out loud, 'UP!'. I wonder why it is screaming so loudly...

Wanna bet that they close it right on our upsloping TL?

is this what x is doing? the bullish setup off the lower line of the schiff set from early march went nowhere except into a channel move into the .447.....this is starting to remind me of all the failed long setups in tlt lately...

The ES, curious is all I can say...

Originally posted by jarek

Wanna bet that they close it right on our upsloping TL?

Well - it was off by a full 1 point:



And the setup for the ON session is: our .382 bullish ABCD vs. the double .685 bearish 4PT above

Note that the May contract is going straight up.


http://www.zerohedge.com/article/oil-market-speculation-argument-be-tested-wti-rollover-cycle

Big burst up in CL there, to another new contract high. This thing is just on fire.

CL going nuts, Euro going nuts, gold going nuts... Dollar getting monkeyhammered, as usual. Unreal. Unless this is a 'blowoff' (I strongly doubt it), we are now in the acceleration phase.

Gold should hit that 1,500 soon, maybe tomorrow. How long until silver $50? A week? Brent crude may take out that all-time high soon, what, a few weeks? Imagine if anything actually goes wrong in the Middle East... Will those areas hold just below in the DX that everyone is so confident in? Or is a dollar collapse coming? Ah, these are some of the questions as we watch out country and our life savings burn...

Originally posted by jarek

...And the setup for the ON session is: our .382 bullish ABCD vs. the double .685 bearish 4PT above

Bearish 4PT is long gone, bullish ABCD already played to the line connecting pivots in the Game Zone:

Thanks - I must have been sleeping indeed