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jimkane
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Posts: 33,089
Okay, no one has started the new topic, so here it is. Silver ready to hit 48, gold at another new all-time high, ES futures are up and rising, the Aussie is looking strong, CL another new high for the move, and working on that contract high. Same old, same old. 'Risk on'.
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jimkane
Rep: 3,058
Posts: 33,089
Watch as the ES takes out this downsloping TL here. That should explode it up to a new high for the 'bulls#%&' market in short order. Let's see.
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jimkane
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Posts: 33,089
Silver has an area here, so it may check back. I'm still not totally convinced this will fully play out, though...
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jimkane
Rep: 3,058
Posts: 33,089
Watch IWM at 86.05-.10 and then at 86.20-.25+, if it can grind up there...
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jimkane
Rep: 3,058
Posts: 33,089
Okay, IWM hits the first area as the ES sets yet another 'bulls#%&' market high. Same old, same old, exactly as expected...
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jimkane
Rep: 3,058
Posts: 33,089
Yes, except for the 1-min 'retest' being a lower low in the IWM (higher low in the ES), that ES ABCD lines right up with the IWM ABCD roofer posted. Nothing bearish about this market yet, IMO.




