So we are in advance, which statistically happens once in a decade and there are some lines in the current area, but who said, we can't go for something even bigger than that this time around?



Somewhere in the coming week I'll disappear for more than 2 weeks for my first holidays this year, so you'll have a chance to rest from me for some time

thank you al.....same with yours

Originally posted by albert

rat,

Cool charts and comments.

Al Kamego

if that is a failure, and if it rolls, are we looking for this? I always ask myself, am i nuts? but you never know

NEM 30 minute chart.
I think the price action is o.k. so far. But I wouldn't want to see it get any further into that range/abcd that it broke from. Unless it was a good bull abcd.

Originally posted by rat89

so far this is a failed setup - has not hit median line on the first try, which suggested a retest; so far hasn't hit following the retest...could still happen, or does it just roll?

Which looking at the 5 minute looks like it could be a bull DT abcd there. In fact, 2 of them??? But it sure was a hard rejection of that top on the retest as shown in the upper wick.

Originally posted by tx_ches
Unless it was a good bull abcd.

You are looking pretty sane at the moment. Looks like it'll roll.

"You never know" is one of the things I practice on in my twice daily mental rehearsals for trading.

Originally posted by rat89

if that is a failure, and if it rolls, are we looking for this? I always ask myself, am i nuts? but you never know

gdx reacted at .886 at .17

CLF has closed the window on its gap. Man, is that a strong stock.

Nice charts and comments today, crew.

Looks like it's time for them to start the run right back up again. All off ches's little .886.

Still, watch the bearish ABCD here, in case.

.886 into abcd at the kz?

I do have to say, as much as I like other work by this author, many commenters called into question if his research was accurate. Perhaps it is not. Nonetheless, that was one heck of a government manipulated ramp, I'll say that.