Wow, that was a sweet little 1-min bar stop run breakdown there. I love it. Maybe that's all the downside it has, though. You know the games they like to play before they do a Sunday night GLOBEX/Monday run up. But, one of these times we'll get some real downside... It's sure all set up for some right now, as discussed previously. I'm patiently (Hah!) waiting for it...

Nah, no real selling is likely. It must just mean things are so dead there wasn't even any stops below all that.

Tap, tap. Is my screen frozen? Tap, tap. Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz.

Now, I don't see much chance they will sell this off into the close, but if this level does give way and they do come in to sell it, I'm watching:

18.25-.50

16.00-.50

Notice crude, for contrast...

Watch the ABCD level here (.886 hit already at 22.00, and reacting), in case that is what it wants.

ABCD, key line, .447 (with B point at a .382), initial reaction, now we see their intentions.

You can't hide from me. You can try, but you'll tip your hand, step by step, you'll tip your hand. You can't hide all your 'tells' from me...

Anyway, notice what this thing has done. It went down to the area I posted, and messed around endlessly. Then it bounced up, in an ABCD, and rolled off the 1.000 price projection to the tick. Then it goes down to this ABCD, at a key line and .447, with the B point at a .382, and it reacts. Does this sound totally random? Now it has to decide on if this is a 'W3'. Are the areas below I mentioned randomly selected?

This 21.25 is really worrisome here...

Like I said... But, will it fail in here at the first area?

Originally posted by jimkane

This 21.25 is really worrisome here...

I think it also pays to look at other markets when doing 'intraday swing trading' (daytrading to most). Gold, the currencies, and crude were anything but dead today.