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...

So, keep an eye out near that .786 around 24.74-25.25 or so, and then just over that high (I'd watch the 1 or 2-tick game, but that's more prevalent during the RTH), and then the area around 30, plus or minus. I'd say it's headed there ASAFP. It wants that bad.

I mean, it could roll off this 24.75 and smaller 'W2' ABCD at key line. But it's just teasing me. It wants to get me off the long side and into the short side, so it can crush my dreams of downside. It knows how many 'wanna be' bears are just waiting, ready to try again. I can't be a sucker, I have to be a professional. That requires a lot of trading while holding one's nose, as roofer says. And with all the money printing there has been, and will be, I think, it will be that way until the day I'm gone (and probably long after).

Being bearish is a tough game, a tough way to be, by nature. At least, what I'm saying, is if, like me, you are happier when short, and you believe in 'fair value' and honesty and integrity in the marketplace, well, my friend, you are just SOL. Now learn what it means to be a professional, and trade what the market is doing, not what you wish more than anything it was doing...

Well, that 24.75 managed to drop it 1.75 points so far. That will probably be it.

And there's the snap reversal right off that low I just mentioned. .300/.447 overlap right at a key line. Up it goes.

Maybe it can do what would amount, in the grander scheme of things, to a 'W2' test of a 'W2' test of a 'W2' test of a 'W2' test. Too funny. Give me a break. Just break to the upside. I've got my nose nearly cemented shut. Just do it already...

Gold just blasted off to yet another new high for the entire move since the Dec low. I'd be getting ready for a lot more of those. Just an opinion.

For those that follow the Aussie on the higher timeframes, it's getting ready to take out those past swing-highs. Then all that's left is another new all-time high against the U.S. nightcrawler. I hope none of you have any savings or retirement money that isn't in the stock market... The gov will see to it that you don't have it for long...

BTW, have you heard the news that they are soon to be changing some things and selling bonds that have negative interest rates? Yes, you will have to pay to hold the bond. This paves the way for something they have done in Japan, and will do here soon: money held in savings accounts will require you to pay the bank to have them hold it. If they have to pay to buy bonds, notes, bills, etc. then you'll have to pay. Get ready, it's coming...

And it DT's, and drops into a DT ABCD, right back to the next .382 of the whole move up, where it once again reacts. It's just moving so technically, it's like artwork. Like watching a ballet.

Originally posted by jimkane

And there's the snap reversal right off that low I just mentioned. .300/.447 overlap right at a key line. Up it goes.

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.