Just preparing for a flat correction scenario.
Incredible how the top ABCD area overlaps with target zone of the failed bat setup (I left retracements from both patterns).

Just some higher timeframe considerations.

http://www.zerohedge.com/news/2013-01-20/market-can-only-ignore-fundamentals-so-long

ES indications are for an open right now down -1.75. I may post a curious scenario in a bit, just something I'm watching.

But a small gap down or lack of a gap up just means 'time to buy' for the machines, right? Wait, doesn't every possible circumstances mean time to buy for the machines???...

Oh, there's the new high for the entire 'bulls#%&' market. I'm so surprised.

In fact-

Here's my usual look:



And here's my surprised look:

Hopefully I post my serious thoughts on this level tonight. You get the idea from my posts of last week, though.

I'm thinking roofer is getting close to making an appearance. Don't ask me why, I'm just getting the vibe. But, since he'll read this, he might not just because I said he was getting close. We shall see.

Some quick thoughts, since I just haven't had the time or desire to do much in here. The area in here is around 84-87. This 'should' check it back. If not, it may want to do just a 'throw over' to shake things up. Then it could be free to drop a bit. How much of a 'throw over'? Probably 90-93 would do it, but it could be more. Who knows. So, I'm alert to that, too.

Now, there is something curious I am watching. I have two areas below if this does drop from this area, or a quick 'throw over' area. If it does more, then this goes out the window. I don't think this is likely to happen, but I'm pointing it out because I have some incredible confluences there, including from some new work, and I wanted to mention it in case it does happen.

I am watching 29-32, with a time factor of around the 29th. 29 on the 29th. If the time factor was off it would probably be late, maybe the 30th. The time factor is important for this. It may also hit an earlier spot, and that would be around 40-42 (although there is another sub-level in there at around 47), with a time factor on the 24th. Depending what sub-level it hits, that one could also be a bit later, maybe the 25th or the open on Sunday the 27th. But, the best time factors are the first ones.

Likely it keeps going up and this doesn't happen. I'm just seeing these areas popping out of my work and wondering about them. If it does start down, which seems so unlikely, these areas might attract it. It would take some news, though, I suspect, to start this down.

A very fast reaction on euro.

let's see what they want to do with this.....

Look at the AAPL close on a 1-min. Very curious.