guess I'll start it this week

And as they say, now we see.

Kane TD ABCD. Point D was within 2 ticks of the 0.685 fibo, and the ABCD completed at 0.236 fibo. Price moved up from Point D of the TD ABCD, completed a 3D, 1.128, 1.128, Test and Retest, price dropped to Distal ML //.

Al Kamego

Watch closely in case this obvious ABCD at a key line gives way. Next level for me is around 81-82 if it does, and then say 76.50-77.50 (center of area).

But I can't imagine any real selling...

Watch this 85.25 here very closely. That may be it.

So, Carl Futia is extremely bullish, for a change. He's looking for 1550 to 1600 by June/July! I'm sure once we hit 1600 in June he'll quickly say we are due for a small pullback, and when the pullback is way smaller than even he expects, that we are now 'breaking out', and headed way higher. I categorize him with Abby Joseph Cohen and Laszlo Birinyi. I'm not putting him down, just stating I find him a perma-bull who is never wrong in a liquidity-driven bull market.

I do believe that's likely it for now.

Originally posted by jimkane

Watch this 85.25 here very closely. That may be it.

Understand, I hope it keeps dropping, but there are technical things here of concern for short-side management.

So they didn't give us a solution.