Everyone ready for another exciting week?

Time for caution, but 'now we see'.

Wow, look at that.

Get ready for a possible dump any time now. It likely will be a TL stop sweep, and then a snap up, I think.

And there it is.

This 48.25 area here should, in my experience, snap it up hard if this is a TL stop sweep. If it dumps more, watch out.

Snapped back above TL, back to price flow, now we see. It's acting like this may be a 'backtest' and down it goes.

Is that 46.25 it?

C'mon, oinker, dump.

For those that were wondering, no, that wasn't a great day for potential intraday trading opportunities, in my opinion. There were a few small things, but overall it was quite boring. But after that huge Friday move, and this tight coil, it may be moving again shortly.

abcd into an abcd?

That's what I wonder, too, rat. But beyond the lunacy of all that, my biggest concern is all the people who have just some small amount of savings, fighting the dropping standard of living since around 1972 in real terms, and they are being forced by the Fed to seek yield in much riskier investments. Say they are retired or near retired. Imagine being 70 and having to put all your money in the stock market because real yields are now negative. The Fed is doing that on purpose, and admits such. Force people into the market when that is not an appropriate investment for them. This is sick and twisted.

And then along come the propaganda cheerleaders, from all the TV financial shows, to the endless analysts, to guys like Carl. If you are not part of the solution, you are part of the problem. His endless bullish drivel motivates a certain number of people to get long the market from an investment standpoint. He spews propaganda for the evildoers. And that is what I take issue with. Him and all the rest.