I have to start the topic again? C'mon, let's get some volunteers in here. Okay, Sunday night showtime, let's roll.

Anyone buy that 1.272 low in gold? Would anyone mind if I was on the long side in here? Watch this key .447, 1.272, and line overlap in here at 56 and change. To me, this is the critical point for this long going forward. If it checks back in here (I'd think it would), everyone should know how much and to where it would likely come in to if this is now back in an uptrend. That's my line to watch, then, if it does react here. Same as always, that will decide for me if this is still in play. Hence, 'now we see'. You just set 'em up, let 'em play out as they do, and manage accordingly. They do what they do.

And if gold doesn't respect this area at all, there is always the ABCD up around 61.7 (for the 1.000; do all the work and define the full area), but I am not a big fan of bearish 'W2's' off all-time new highs, as everyone should know. I'd suspect new highs coming as the more likely scenario. Eventually that will be 'wrong', but I prefer to lean on trends until they break.

Coming right off that ABCD. Time for extreme caution. Create the checkback area using the same principles as always, see what it does there, and that's that. Once again, now we see. I hope the process is clear. I am saying the same thing, over and over, setup after setup. Lather, rinse, repeat.

decide already!

a very interesting spot here

almost, but not quite.....iwm is weaker than spy though, so just in case...

geez....that was fast

Due to the weather here I'm back earlier then planned
Was it by chance that this Bin Laden rally reached exactly the geometry at 1.272 of Feb - March drop?

Originally posted by jarek

Our guide dog will show us the way by its reaction to this bullish KZ ABCD...

Still watching this closely:



Initial reaction was positive, but it looks worse and worse for bulls as time passes by

jarek,

Very impressive work!

Good Trading,

Al Kamego