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

1320 area would be my next stop if they hit this.

This 35.75 is a bounce area, if they are going to sell this methodically. If it gives way, it implies, to me, harsh, quick selling.

Please note how this potential bearish ABCD was perfectly centered around the earlier downsloping TL:



Action equals reaction?

And it does bounce. If they can't bounce it more, that wouldn't be a good thing for dem bulls.

In case anyone still thinks Gross doesn't know exactly what he is doing, and isn't all part of a much bigger scam, well, the clues and comments are leaking out, exactly as preplanned by him and his Fed cronies. It's all a game, and he always wins. Always.

http://www.zerohedge.com/article/bill-gross-says-may-change-mind-shorting-us-treasuries-if-potential-another-recession

Okay, ES got a better bounce and is starting to roll. Will it just 'base' in here, or will they forsake it? I'd love a 1320 area close, to set this up for a monster bounce on Sunday night. Just thinking out loud...

Watch for a possible ABCD CD leg (or 'W3') launch off this point.

how do you like that?

My upside levels, if they get it going, are 41.75-42.75, 45.50, 48.50.

That's a big if, but I'm posting them in case. I'm still thinking about that 1320 area...

jarek,

Very impressive work!

Good Trading,

Al Kamego