Okay, I'm still trying to get my footing here with this new format. I'm not sure where I'm going yet. We'll see...

Understand, this is just a bare bones framework. This gives me 'the idea' that I then work around. I hope today was instructive.

Uno, dos, tres, cuatro, cinco, cinco, seis...

Give it to me, Baby.

Watch what it does with this small bearish ABCD here. Big clue time.

.382/.447 at key line. Test #1.

And after a little tick chart retest it pops nicely right off the area. Let's see how it handles this spot here, now.

The Horsemen are really starting to move.

Watch that 1-tick game...

I'm going to post some levels here, with a caveat, something I don't usually do. I am going to post upside levels, but I am not sure they will be reached. This thing may just stay super-weak. Regardless, I am looking at some levels in case in makes it up there, in order to be looking at the short side, if nothing changes on the way up, as far as how I'm seeing it. These levels are a bit different, in that where they come together really depends a lot on when it hits, so they will need some refinement as things unfold.

2.25-5.75, ABCD area. 1.000 is at 3.50.

9.50

13.25-15.50

The second two levels will actually 'merge' into one by the open tomorrow. In other words, what may act as two 'sub-levels' in the next however many hours will have up and down sloping lines converge around the time of the open tomorrow, and that area will be just one spot, in a sense, with a broad Fib range, if that makes sense. But, they may just lean on this without any more upside, and I'm surely aware of that.

This thing better be very careful here...

On the downside (if it doesn't just do some quicky repeated stop run games and then bounce) I'm looking at 74.25-76.75 and then around 68.25. The best line, though, has me closer to as low as 64.50, depending on when it gets there. I'd really like a bounce right off this very spot, though...

The downside, short-term, is a bit confusing to me right now, as far as things coming together. I will keep playing around, and if I get more clarity I will post it. Notice how last night it was very weak, and didn't even bounce to my levels, as I said I suspected.

As an aside, the real potential driver for downside, to me, is if this AAPL selling stops being orderly and hedge funds start a rapid selling phase. This stock is the most held stock in hedge funds, well over 200 funds hold it. They are bleeding cash right now. If they decide they must do any serious liquidation, it may trigger all the others to do the same, and AAPL could plunge, taking the market with it, and triggering some serious programs. That's my 'concern'.

CDE got hit a little bit this week.