Just a few hours until my favorite trading time of the entire week. So, how big a gap up today? Slight gap and run? Big gap and slow grind up? After all, it's Sunday in GLOBEX, the only direction is up, right? Recall how they closed this right at a key area. Now, geometry says this may be headed down, right? Yet they like to gun things on Sunday night GLOBEX/Monday. All starting from a big coil. I can't wait...

Nice open. Remember what I always say. It may not be 100% accurate, but in my opinion it is as close as can be to an unequivocal statement. "If the market is going down, Jim is happy." But, will it sustain...

No posts, eh? No one has anything to say?

What a spot here at 76.50. Overhead TL and some Fibs, but it wants up real bad. When that TL goes (gives way), that should give them the big squirt to hit all those stops they want so badly.

I think CL wants to get up to 101.50-.65 to finish this little move off the key area, before the pit close shortly, if possible.

CL 101.47...

CL 101.55...

CL 101.14 after that .55...

ES is just a total grind, but it wants to do that squirt sooooooo bad, and it is trying to coil and save up the juice for it. Any time now...

ES takes out the TL.

CL hit that .55 at 14:26 PM. Pit closes at 14:30 PM.

Originally posted by jimkane

I think CL wants to get up to 101.50-.65 to finish this little move off the key area, before the pit close shortly, if possible.

Monday holidays are great, you get to play tennis on the weekend at the weekday rate