Welcome back everybody! I just returned from my longest holidays in many years. And it looks like the best trading action of the year started just after I left and lasted for whole that period... Coincidence? :-)
Fortunately charts tell us, that it should last for at least some time to come:

Hmmmm, that DB ABCD played out... Staying on the short-side bias. They tried hard to shake the shorts out. I'm just not expecting this can do much more on the downside. Let's hope I'm 'wrong' about that.

I just keep looking at a standard ABCD in the KZ (1.000 at 13.50). There is a major line confluence there. It all comes together down there. I'd love to see it.

But first, today's GZ, and that may be quite a problem.

Watch the RTH low for a 1, 2, or 3 tick snap reversal game.

Lots of lines in that 13.50 area:



It would have to slow down, to be there on time

One tick below draws the reaction. Now we see if the MRRD's take over, as they frequently do. Or are there some real sellers, and we see my lower area. I'm surprised they let it drop this much. Pleasantly surprised, it was more than I expected.

Yep, that's the spot.

Originally posted by jarek

Lots of lines in that 13.50 area:

Click image for original size

It would have to slow down, to be there on time

Still hanging with the short-side bias. I want to see if it reacts at the area I mentioned. If it doesn't....

Three ticks below. Let's see if that kicks in the robots.

Nope. Looking good. Key .382 hit, so it is now 'officially' in the area.

finally...