Let's see if this works....never tried to start a new topic...

having bounced off the .886 friday, will it aim into the area of interest up at the .886 of last week's high, or into the box at 1.128 - 1.27, and what will it do up there?

There is some symmetry in that both blue arrows are at .886....ultimately you might expect a move that mirrors the mid march - may move, but without a significant pullback into an abcd, which we haven't seen yet?

Key ES .382 at 12.55, .447 at 10.75. Line all in that range. This is a key area.

It's showtime...

1307 plus or minus my next area to watch.

If they bounce it here I'm looking at 14-15 next.

ok.....so the bear abcd won out over the bull set....no break out where it had to get out, no move off the bounce where it had to move....that area in the middle looks like a version of the creep, which makes me think about lower somehow...

All in all an exceedingly pleasant ending. I'm hoping for follow-through in GLOBEX. All I can do is hope (not to be confused with the 'hope' traders who don't have game plans frequently have that things will go their way), for lack of a better term, that some rationale comes into this market. I can trade either side equally well, I think, but I'm more comfortable when I'm on the side moving towards 'fair value', and for the stock market, that always, always seems to be the short side...

Okay, the buyers are coming in, off a multiple line area and .564. We'll see, but I still think the rampers will put on a show.

My higher timeframe upside levels are 35, 52, and 69. I'm only posting the 'center' of the areas.

Help?!? Joed's blog has been removed? Here's what it says:

Blog has been removed

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What's up with that? roofer, can you find out?

Okay, now notice how the ES went right to the key line, to the tick, and came back in (right back to the line that sent it up), and then started right back up, touched the line again, pulled back in a tiny amount, and then up and over. This is a very bullish sign, to me. It says it likely has upside to go. The previous high surely is an area, say 22.25-23.75ish. Note the obvious TL on the way there, and the natural set ML upper // (you'll know you have the right set if the bounce up started just a fraction shy of the ML). So, I think if it keeps rising it will want that general area next. Then we see if it can shoot for some of the other areas mentioned. I won't be looking on the short side until it starts moving down and giving me setups. Right now all I see is 'up'.

roofer,

I am very sad to hear about your recent misfortune. I will keep you in my prayers. I pray you have a complete recovery and return to your full strength and health. God bless you.

Good Trading, Al Kamego