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?

Over ten points now! Unreal.

I can't get over how brutal that selloff in crude was.

I guess that pop on the 'rumor' that they reached a debt deal ( http://www.zerohedge.com/article/latest-rumor-white-house-announces-15-trillion-cuts-agreement-reached ) isn't impressing them anymore.

Notice the pseudo-4PT this is starting to launch off of.

bear abcd into a retest at the .886?

My levels are:

16.50-.75

22.50-23.50

27.75-29.50

That is, if this can get any legs and get going over these recent tops.

with x at the july 12 eod low?

Originally posted by jimkane

Notice the pseudo-4PT this is starting to launch off of.

so far....

Yes, rat, it's following basically what you said so far.

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