I'll start the week with this:

Now, this is a minor area here, and I'd be fine with another small bounce in here, but it feels the gravity, I'm sure. The next two levels on the short/intermediate-term are lower 1400's and around 1380. I have them better defined, but that's all I'll say, to incline people to do the work. The upper level erases the 'Dragh Queen' rally. I want more. A lot more. But I'll take it in steps.

And, exactly as I expected, it's going straight up off the 'tan book' report.

Yeah, that pop on the 'tan book' was right to a 1.000 ABCD, but will that send it down? After all this drop? If it did, that would mean they have totally forsaken it, in my opinion. It could, though, send it into 'chop at the low end of the range', even though we haven't seen that much lately, and the drop isn't big enough, generally, for that. A small bounce would be good...

Two areas to the upside I'm watching, if they can overcome this ABCD, are:

32.50-33.25

35.00-36.25 (key .447 at around 38)

But I'm not sure this can do anything in here...

C'mon, ES, strengthen the bear case by bouncing for me in here. Please.

That's some very impressive trading, roofer. Forty points at a crack. Makes me feel like I'm fighting for table scraps with my setups.

I have a question for you. In this case, when AAPL got to around that 36 area and started to rise, where is your stop? Just above that line intersection around 45? Elsewhere? This is something that is really important for me to understand, how you move your stop as it approaches the area. Thanks.

Originally posted by roofer

AAPL continues to trade like a champ... i have taken every trade given bt the tools since the 886 algo at top and all have worked... latest 40 point grab

Click image for original size

Wow, is this weak off that little ABCD. It acts like it wants to set a new low for the move, and do it with a strong flush. Trap, or reality? Wow.

And that key swing-low at 24.00 to the left beckons this to game a stop run...

Flush to 18... ???

I have a lot to say about this thread but unfortunately no time... Awesome material here from roofer. It make sense that a traders style and psyche have to fit the trading approach since we all see things differently. That wouldn't negate the concept that there is in fact an absolute best use of the tools....but can we all see it in real time....that in itself is an art