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:

... acceleration to the downside?

This is extraordinarily dangerous for the bulls right here. They must come in immediately, or I think they are dead.

Notice even if they do come in, they aren't reacting right away. That's a bad sign for the bulls.

Finally a little something. Note that even though I'm short-side bias intraday, waiting on a possible acceleration (I don't use targets and essentially never take a position off until it proves it to me), I'd actually prefer this area send it up hard, in keeping with the intermediate term upside premise. But, that has hit the .886 ABCD, and may be done. If this area doesn't send it up, that's a big clue to me.

This just has the feel that big sellers are about to crush it. And that makes me think it is likely going up. We'll see. Just hanging short-side bias until it shows me something...

So, a 1.272 ABCD, and now up like one can't even believe? I think so. A big fake, through the key area, suck in everyone on every side and get them all, then up? It seems like the perfect multiple trap. Recall the it's going to drop hard look I mentioned...

I just can't see any other way in here...

Now, in reality, I'm just talking, thinking, out loud. I'm just hanging out short-side bias, patient, seeing what it does. I only react to what it does, and I follow the technical parameters of the methodology to do that. I just like to ponder what games they are playing, and what may happen next as I wait.

Reiterating what I said, this is in the rapidly scaling out phase now.

Sorry if that sounds confusing. I was patiently waiting, and then it 'shifted' and started the move up, triggering the scaling signals, and the long entry signals. They shook it up, pushed the envelope, set multiple traps on both sides, but ultimately did exactly as I thought. Now it's 'big up' time, I think.

finally...