It is now one way or the other IMO:

very nicely done....

Originally posted by roofer

and here is the complete thought.... when fib, line from set and gann(green line) are close... price will stretch til it kisses all 3...... then turn..

It only got to 17.50...

Originally posted by jimkane

1318-19 my next area if this keeps rising off the ABCD here.

Notice where an upper division line on that upsloping set would come in.

Originally posted by rat89

Click image for original size

Click image for original size

If this sells off from here (a big if), I'm looking in the low 1290's next. There is an area before that (say around 1303-05), but I mean if it gets selling. If it sets a new high tonight before dropping that may change the numbers a little, but the lines are falling right in, so the areas shouldn't change much.

Can it really drop when so many people are expecting it to drop??

On daily these were the best 4 bars (60 points up) since early September 2010:



The power of this thrust suggests IMO that this could only be either start of something really big to the upside like the previous time or a huge bull trap

Originally posted by jarek

Yesterday Crude broke its bearish ABCD to the upside. How about Gold today?

... respected pretty well so far:



But it rather isn't dropping fast enough to justify my earlier scenario of an ending diagonal withing a failed W5 up

Moment of truth in EUR - will it prove W3 of the move of this giant bullish KZ 4PT?

Looks like another exciting Globex session with similar outcome...



Because what other than an upside breakout shall we expect after yet another narrow consolidation at the highs??