Well, will it gap up and make me cry (actually p#%& me off to no extent*...)? Can it keep running after going essentially straight up over 63 points? Will it blow out my great areas, as seen in rat's charts? Are the odds really what I think them to be, 0.0001% that it could go down here? These, and many other interesting questions, are about to be answered...
*Understand that I would be p#%&ed off to no extent not because I don't think this upside has been tradeable (I think it was highly tradeable), but because I want the market to be allowed to 'do the right thing' and move to fair value. I'm just sick (sick) to my stomach over this endless manipulation. The worse the situation gets, the higher the market goes, and the more the 'bulls' talk about how fair value is much, much higher. Ugh.
JI
jimkane
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Well, I hate for it to happen (this doesn't mean I'm fighting it), but everything I'm seeing up to and off of the European open, ES, CL, 6A, GC, are all completely 'risk on'. If this doesn't do a 'retest' and fail very soon, that explosion to the upside I was mentioning will be happening. The next three days are huge for news, tomorrow the Fed, Thursday Mario 'Dragh Queen' will be shooting off his worthless mouth again, and Friday the big jobs report. Wow. Last two jobs reports produced selloffs. To me that just about guarantees this time won't be a selloff. Despite the incredible bearish setups, I can't shake the feeling that this is going to explode to the upside in a way that will stun us all (well, except Carl, who fully expects it, and more)...
JI
jimkane
Rep: 3,058
Posts: 33,089
Why can't this oinker just fail right here and now, at this area here? Stupid, stupid oinker.
JI
jimkane
Rep: 3,058
Posts: 33,089
And for those that think it just needs a little more of a bounce and then it can roll down, the next area I have is at 80-82...

