starting the topic a little early

But PCLN was about 240 above its 200-day MA at its recent high...

Okay, watch this 1-tick takeout of all those lows here. That 'should' have produced a huge stop flush down, but it didn't, so that may mean the 1-2-tick game. Hopefully it just weakens and heads to take out the low for the entire move down, and then on the that 30's area. Hopefully...

All righty, they dropped it a full five ticks below all those lows, and then snap reversed it, as expected, and they are going ballistic on it, right off the European open. What a surprise. Now we see if they can sustain it, which is all that counts. I know they want up real, real bad, and this bigger GZ multiple test and snap trap is a great way for them to have their way. I think some up is in the cards. Let's see if my timing is as bad as last night. This time I think it is going to be golden.

ES, Euro, crude, gold, all moving up in lock-step. 'Risk on'. Same old, same old.

Looks like low to mid-70's will be the first real test for this.

It will be fun to watch the obvious TL around 68, to see the games they may play.

68 and TL hit...

And there goes the TL. Low to mid-70's next, then we see. Tomorrow may be an up 20+ off the low day. Heck, it's up almost 10 already.

Now we see if the move over the TL is a snap fake...

ripe for a move to a retest of the high or new high if that's what they want....

spy to .447 of 129.49 move, .768 of 135.76 move at x marks the spot

Watch this mini GZ here. I just don't trust 'em...