Here is my chart of the weekend:

and nobody wants to sell

I think we'll likely see a big upmove in GLOBEX later, out of this insane four hour tight range, up and over the key area. That's my highest probability scenario. We'll see. What an incredibly boring trading day for the ES... Zzzzzzzzzzzzzzzzzzzzzzzzzzz.

Okay, folks, I'm outta here. I'm so bored I could cry. And sleepy. I guess we can expect crap days here and there. This tight range is so obvious I would expect some multiple stop sweep games, so watch for them. What a coil. When it finally gives way, it should be quite explosive.

ES 15 minute summary compiled from posts and some of my own drawings.

Spy 5 minute action. Both sides could argue for an abcd.

Well, Gross ain't chickening out, he's adding, and adding substantially. He betting big on big inflation. Like the article said, he's going to be right, or he's going down in the biggest flame-out in history. I know which side I'm betting he's going to be on...

http://www.zerohedge.com/article/so-much-pimco-buying-bonds-short-duration-weighted-treasury-exposure-hits-whopping-23-cash-s

3rd bounce from the same line:



The apex of this triangle is coming

Nice upside breakout from the triangle right to the first geometry at .886:



Watching for a bullish ABCD to form

A small one formed already, but it looks more like a W4 to me:

Gold completed a measured move for a possible 1.000 bearish ABCD at a line from a well tested set:



Could a least correct slightly from here

And now Druckenmiller joins Gross and Grantham. Maybe it just took one person (Gross) to say out loud the Emperor has no clothes? At some point the bond vigilantes will overwhelm the Fed. Maybe not yet, but some day...

http://www.zerohedge.com/article/druckenmiller-calls-out-treasury-ponzi-scheme-its-not-free-market-its-not-clean-market-ident