Okay, let's kick some you know what this week in the market. Let's get some posts going. Enough slacking, you slackers.

'Organized chop' for the rest of the day. Great scalping potential, in my opinion, if one played for that type of action. If one expected any trends to start off any of the what I think were very predictable areas, it was maddening.

spentMOST OF DAY REHABING....

IN CF'S DEFENSE.....he did say it was the strangest period in his 40 yrs in market.....

Yeah, I wasn't putting him down at all, I was more just saying that the market right now is doing things that can/will whipsaw (like crazy) a guy with Carl's style when it is this way. Hence, I can use anyone with that style as a contrarian indicator until the market changes its behavior. I thought it was curious enough to point out. There are times when the market wrong-foots me repeatedly.

Check out this chart at Slope Of Hope, showing a few of the standard lines that gave me my 1250 area that I was talking about way back. Throw in all my own work and you can see why it was a magnet. Imagine if that doesn't turn this down. How technically bizarre that would be to me.

http://slopeofhope.typepad.com/.a/6a00e00989822288330162fd2771c6970d

Now, this isn't an actual statistic, just an 'exaggeration for effect', but I'd say over 99% of the time when I see a price action formation like this on the 15-min all-sessions it explodes higher. And this, at a very key area. To say this is interesting is the understatement of the year. Get ready for some fireworks, folks...

Oh, and a half hour before the European open, to boot.

So it is written, and so it shall be. 'Too easy' (look this one up on the KT terminology page). How's that for an explosion? I think old Carl Futia is going to nail this one this time.

Originally posted by jimkane

Now, this isn't an actual statistic, just an 'exaggeration for effect', but I'd say over 99% of the time when I see a price action formation like this on the 15-min all-sessions it explodes higher. And this, at a very key area. To say this is interesting is the understatement of the year. Get ready for some fireworks, folks...

Next push coming...

And, of course, there it is.

Incredible charts, roofer.

Yeah, you have it covered. But, alas, it is futile. That's why we were exiled (or I was) to the private forum. I mean, the work we show, much of it in advance, the things we see and post (in advance), over and over, how we explain it all, not just post, how we are willing to answer questions, even take on occasional students, and I am not missed even slightly out there. All those posts, all that contribution, and not one single person e-mailed me and said they wish I would post out there, not one post saying what a waste, to drive Jim out. Nope, no one cares. All they do out there (and I mean in all forums, not specifically here) is slam.

Look at that thread for my books at Elite. It's comical, and I'm so far beyond discouraged it is unreal. My work, roofer's work in here, to me it's just so profound, amongst the best material ever discovered in the markets by anyone in any time period in market history (that's my honest opinion). And all people do is attack it, instead of see it for what it is, and go nuts absorbing it. I give up. F#%& 'em. You can lead a horse to water (or the best champagne in the world)...