Just getting ready...

Straight up? Get BAC back over $5 for the close, too?

Sweet, look at that response to their efforts to gun this up. I love this weakness.

we might have just seen the signal on iwm

My area below and rat's line is calling to this. A real siren song. Come here, don't worry about those rocks, I am a very beautiful siren. Come to me.

BAC 4.97. They want to close it above $5 so bad.

They keep trying for that ES pop. This time the shorts may take their profits.

BAC spikes up to 5.03 around the close, but shows 4.98 final close on my charts. I bet the 'settlement' price will be 5.00 or above. But, it doesn't matter, as I said, even if it is below $5 I think nothing will happen. Rules are to be broken if your are TPTB and/or TBTF.

And so it shall be.

Originally posted by jimkane

They keep trying for that ES pop. This time the shorts may take their profits.

Here's some follow up from last night's GLOBEX posts.






Do the work on this, the lines are fantastic. X marks the spot at the high, incredible stuff at the level on the way up, all just mandatory to see. Then I just watch how it acts at the various spots. In hindsight I see that the shorter-term area was going to be pushed to get to the bigger 4-Point and key line area, and I wish I would have made that more clear in the posts.

It's a challenge to make decent posts in the middle of the night when you are so tired you can barely think straight. So, overall, I think I did good. And if everyone read the posts and then did the work, they'd have this all scoped out and the 'rounding top' all in perspective. Then they'd have been ready for practicing any potential trades in real time. I can't do more than that for everyone.

Chart created on QCharts, courtesy eSignal.

Cool charts, rat. Here is ES H2 chart using a similar ML treatment. Higher Timeframe view certainly changes the perspective. The 200SMA touch at Kane ABCD Point B amazes me.

Al Kamego

I also wish you all Merry Christmas.