I was not aware that ES is trading today despite the Memorial Day. Here is the update of our bearish ABCD:

Next serious area? 1308.

a little weird, this one...

Do they want it before the close? More than words can describe. Can they do it? We'll see...

and bounce right to kz.....flush now?

just as qqq hit its head on the first hour low...

Denied! so far. High was 2.50! It may rise from here, but my area denied them the straight run to 8. And it may allow a stab at that 92 area if they can't come in. But, GZ implies 'games', so most likely ti will chop in this low end range until close. Then leave it to Sunday night to decide.

Originally posted by jimkane

Sorry, my lowest number is 1.25, so it should have been 1.25-2.50. But I think it will push up anyways, so it's academic anyways, I think. But, in case, the area is 'hit' now.

And I'm sorry if this wasn't clear, but when I said 'push up anyways' I meant into the area, not towards that 1308. Although I know they wanted that bad, I was at best indifferent as to whether they could do it or not. Just some clarity so what I was watching would be better understood. Hard to make everything clear when posting fast...

And it hits the GZ again, and does what? Bounces. Games. That's why I called it the Game Zone. It will be interesting to see if they dump it post cash close. Most likely, I think, they decide Sunday night.

As for today, I think it ranks way up there as far as trading days. I think it was just insane how well it followed the areas. For an 'average' day of moderate range, it really traded nicely. Just my two cents.

After cash flush? Boy, would I like that.

Just hanging out at the lower end of the GZ...

And what do they do, after all? Drop it just below the GZ in like the last 15 seconds of trading. How funny. That's food for thought. Not that two ticks means anything, but it is curious, isn't it? Okay, see everyone Sunday night, unless I think of something to post before then. Sunday night should be exciting. Take a look at daily charts of the Russell, the Midcaps, and the Trannies. Now, do they look like big rollovers in process? They do to me. And you can bet your you know what TPTB (The Powers That Be) can see that, too.

interesting symmetry at the lines...