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    rat89
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    And they're off ;)
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    roofer
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    just a game
    http://stockcharts.com/h-sc/ui?s=BBY&p=30&yr=0&mn=2&dy=10&id=p07669595030&a=245546889&r=1344303042293&cmd=print
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    jimkane
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    Nice charts, roofer. I knew when you mentioned my old fav it was KLAC. It sure is set up for a drop. If it doesn't, that's a huge clue.
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    jimkane
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    As for my previous comments, it needed just two more ticks down, and now it's 'going straight up'. Three points so far. Let's see how much it has to go. I would think it wants new highs for the move. Just because it wants it, though, doesn't mean it will get it. It has to overcome the key areas on the way up. Those will be my clue areas. But, like I said about me wanting it to go down from there real bad...

    P.S. Notice there near tick for tick analogs in CL and 6A with this ES pop.
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    rat89
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    (Edited )
    amazing stuff here

    Originally posted by roofer

    http://stockcharts.com/h-sc/ui?s=$SPX&p=60&yr=0&mn=2&dy=21&id=p34509983685&a=247870051&r=1344302956698&cmd=print



    Click image for original size



    Click image for original size
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    rat89
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    (Edited )
    I absolutely love that you say that....why is it that traders don't seem to see that?

    Originally posted by roofer

    just a game
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    jimkane
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    Talk about a game, the ES stopped its rise in the KZ, and has hung there for like two hours. Coiling for the burst up, I suspect.
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    jimkane
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    Took a little while, but there's the burst up. Next shot, new highs for the move. Sure, this could be a bearish 'W2' ABCD in here. Of course I'm watching how it acts with that. Nothing would please me more. But I doubt it...
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    jimkane
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    I still think it wants 1420ish. But the issue is, will it stop at new 'bull' market highs and come in a bit? That I also doubt. At that point I think it would want to 'break out' over the uptrending price flow it would be up against, and do that breathtaking acceleration I mentioned. We'll see. I'm still hopefully it is going to dump that 40+ points I want. Or even resume the bear trend. Yeah, good luck with all that, Jimbo.
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    jimkane
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    Okay, I'm seeing that tick-for-tick upside pop in all four now, ES, CL, 6A, GC. 'Risk on'.
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    jimkane
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    Wow!!! Was I on on this read, or what? Two ticks from the high, then there's my new high for the move. 'Too easy'.
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    jimkane
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    The way it looks, though, if they gap it up and over Sunday, that may trigger a pile on, and my initial scenario could play out. I think the odds jumped up quite a bit with this reaction off the ABCD and strong close on a Friday. Maybe 75/25 now with this action?