If they want to announce the end of the correction they have a nice spot at .382.

I think we are headed for big up now.

I may be totally wrong here, but I think this will be up 20, possibly 30 off the low by tomorrow. Like I said in my earlier post, I was looking long side, and that seems to be paying off quite well so far. Hey, maybe it rolls over right off this 94.50 here. But, I think the odds greatly favor 'the big bounce'. All I can do is position myself, and manage accordingly. It then does what it does.

Nominal new high there. I think it will start another leg any time now. Already just about 8 off the low. I see another 10+ coming soon, up to perhaps 1305-07, then we see.

This 95 does 'scare' me a bit, though, this area in here.

And there, indeed, is the next leg.

Now, watch very carefully here at this .382/.447 area at key lines.

BTW, notice, on say 1-min charts or tick charts, gold and crude exploding, right in sync with the ES. 'Risk on', as expected.

Key area. Watch closely. Careful...

Originally posted by jimkane

Now, watch very carefully here at this .382/.447 area at key lines.

I'm seeing some things coming together around 1301, so I'm watching that area next. If it can overcome this .447 area at 1297.64...

Watch very closely right now. Do or die time. Right now.

Asleep at the switch (keyboard). Actually, asleep on and off, but I was just too hammered to look at the forum anymore.

Originally posted by rat89

You still awake, jim?