I'm wondering about possible scenarios for a full playout of this test and retest at SPX showed here on Friday:



... and the only reason for a quick drop from here to the lower ML could in my opinion be a failed 5th wave at SPX and ES. Because on many other indexes the recent rise looks like already completed 5th wave:

Originally posted by jarek

...Was this a classic rush to the dance floor before the music starts?

Let somebody wake up Crude bulls ASAP:



The music is playing and they're still sleeping?

.685 just in case it gets taken seriously

little dog

I've fallen and I can't get up!

Originally posted by jarek

I've fallen and I can't get up!

Looks like somebody might have answered. Is Lifecall still operational?

Crude also reacted to the following bullish ABCD:



Maybe not everything is lost for bulls?

Is this all because Bonds accelerated up in the move off .886?



Do they want to make an idiot of Gross now?

too funny jarek
if bonds fall from here though, there is an interesting area below...

Originally posted by jarek

Is this all because Bonds accelerated up in the move off .886?



Do they want to make an idiot of Gross now?

can you believe this one?

SLW is still trying to make up its mind about its 4PT on the 5min.

Originally posted by jimkane

... so the Gross post will be short...

I see that we have a new definition of "short"