This time I'm starting weekly topic.

thanks you marcin.....there's a potential big bull abcd here too...

kz

that was a false alarm....

they sure picked this up where they had to for now...

Even with such a dynamic movement 1H candles stop at zones.
Point indicated by the second arrow will give some clues - zone, .382 of CD and division line in one point. Cable is really harmonic now

Silver undecided...

Nice day. Same old, same old for the maniacs. Nothing has changed, or likely ever will change, in the era of infinite money printing. Hey, as long as it still follow the tools, I guess you hold your nose real hard and do what you got to do... And try not to puke too much.

crazy, but I had a hunch about this in the pre-market.... they really want to get everybody in

Watch 105 on crude. Do a weekly chart, and look at the overhead downsloping TL going back to the 2008 bubble top. Now do upsloping daily TL's, ones that were violated in the recent downturn (go back to early 2009). See the 'backtests'? They come in with that weekly downsloping line right at around 105, and this thing is coiling like a rattlesnake, looking right at it. If that breaks, add in some news about the Middle East and oil supplies, and KIG, it could explode.

We just had the highest pump prices for January in history. If I recall correctly, crude just hit a new all-time high priced in Euros (and the Euro is strong...). This could be very tough on 'Joe Average'. I also heard unleaded demand and orders literally have fallen off a cliff, so I don't want to hear about crude rising because of strong demand. Anyway, just some thoughts on crude as we get into a key area for the broader market to make a crucial decision if the 'bull' is over.

Good to read your comments again Jim
I hope you'll get better soon

Originally posted by jimkane

Nice day. Same old, same old for the maniacs. Nothing has changed, or likely ever will change, in the era of infinite money printing. Hey, as long as it still follow the tools, I guess you hold your nose real hard and do what you got to do... And try not to puke too much.

Well, I was feeling under the weather, and that's why I didn't post those days, but that wasn't related to my puking comment there. Just a coincidence.

Originally posted by MarcinO

That's what I suspected more or less from your commentary as a whole.
I wrote that post as it was unusual for you not to comment for a few days but didn't refer to the one particular sentence.

Originally posted by jimkane

You do know I meant puking from making yourself sick from the ethical dilemma of holding your nose and buying this overvalued, manipulated POS market, right?

Originally posted by MarcinO

Good to read your comments again Jim

I hope you'll get better soon

Originally posted by jimkane

Nice day. Same old, same old for the maniacs. Nothing has changed, or likely ever will change, in the era of infinite money printing. Hey, as long as it still follow the tools, I guess you hold your nose real hard and do what you got to do... And try not to puke too much.