I have no life... I'm starting this topic early because I am sitting around, waiting for Sunday night GLOBEX and my world to begin again...

Here's the areas, again.

Originally posted by jimkane

I'm thinking this wants to get to around 1313-19 or so. A key .447 is at 1329, though, so it could push that far. I have a massive line convergence by the .382 at 19. So, that gives us the general area. I may be able to refine this if it gets closer. It may die out around 1301 or so, we'll see. But I'd think it would need more in here. And this all assumes it can overcome this ABCD here...

certainly an interesting area came into play at the low, especially based on 2010 - 2011 swing up.....we'll see....

Kane EXP ABCD completing at 0.300 fib. Nice.

Al Kamego

Fed 'Tan' book out in three minutes. Be careful, it could move things.

Here's some food for thought. That 13-19 area, well, once refined had a beginning part around 1309-11. I'm not fudging here, only stating my area. In other words, once at 09, I'm 'ready'. We have a reaction there, with the high today at 10.75 (close enough to my stated 13 anyway to be ready). But then look at this post from TK:

http://slopeofhope.com/2012/06/those-voices-in-my-head.html

Do your own ZB chart. Since he posted that it's well into that area he marked. Just a thought.

Originally posted by jimkane

Here's the areas, again.

Originally posted by jimkane

I'm thinking this wants to get to around 1313-19 or so. A key .447 is at 1329, though, so it could push that far. I have a massive line convergence by the .382 at 19. So, that gives us the general area. I may be able to refine this if it gets closer. It may die out around 1301 or so, we'll see. But I'd think it would need more in here. And this all assumes it can overcome this ABCD here...

Watch this 1-min bearish ABCD at overhead TL here for clues. I can't imagine it will send it down.

Careful with this 9.50, it's an area, and it 'sees' it.

Looking at 12.75, plus or minus, next, if this keeps going up.

BTW, I have a bearish ABCD at multiple key lines in APPL at the HOD today. Very curious. As an aside, TK posted multiple shorts he has opened just under a half hour ago. We shall see.

Stopped it dead. What a battle. I can't imagine it doesn't take it out, but you never know. The bulls truly are in a battle for their lives at this area I posted before, and they don't know it. They think they are in 100% control now. They just don't see it...

Originally posted by jimkane

Careful with this 9.50, it's an area, and it 'sees' it.

Loopy Jim. I need more sleep. Lots more sleep. I was just sitting, watching the news on TV, pondering my day with the markets, when it hit me I had been off by one cycle in identifying the ES contracts in my posts. I was saying Mar like it was the ending contract and June like it was the upcoming rollover contract, when I meant June and Sept, respectively.

No one called me on it (if you see something like this please post a comment so I can get it straightened out). I'm sure everyone knew what I meant, and the highs I mentioned, with their numbers, would have made it clear which contract I meant, but anyway, I fixed it in the posts where I saw it. I think I got them all, but if not, feel free to point it out to me.

When I was much (much) younger I was into motocross racing. Like all the major endeavors in my life, I do things 110% or not at all. I had a T-shirt back then that I still remember word for word what it said: We eat, sleep, ride, talk, breathe, dream, live and love motorcycles. I need a new shirt now that says: We eat, sleep, ride, talk, breathe, dream, live and love the markets. The 'ride' part is especially apropos. I thought of this because before I remembered my Faux Pas with the contract dates I was going to post:

Like I mentioned last week, I have no life outside the markets. Here I sit, on a Friday night, my better half sitting there probably wishing I'd come up with something for her and I to do, and all I can think about is how am I going to make it to Sunday at 3 PM?...