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).

2.25 points? That's it? Are you kidding me...

Getting ready for a close at the HOD, plus maybe a squirt up once the 86.75-87.25 area is breached.

There's 86.75.

87.00... It's as 'there' as it gets. If this can't check it back, then this short-term long may last longer than I ever even hoped for.

ES squirts to 87.50 right as the bell was ringing at the NYSE. I'm looking at 95-97 for the 'throw over' next. But, honestly, I think it is possible once this breaks this overhead price flow it may go into frenzy mode and shoot for the new all-time highs ASAFP, no corrections, just straight there. I'm not saying it will happen, I'm saying it is getting technically set up to happen. I see little to stop it right now. I'm thinking only a news shock event out of nowhere can stop the 'evil plan', which, I think, is to run this to new highs for the S&P, or at least the Dow. That way they could brag about the mainstream headline of 'Market at new all-time highs, it's never been better'.

88.00...

And as if they rang a bell, there's the 'throw over'. I don't see this stopping. It may, there is a small chance (maybe 1%, although I think that's crazy optimistic) that it may come back in off the 'throw over', and if so, only to test the break point. But the odds are greatly increasing that this is the start of a monster move. Monster. Just a hunch.

So, time to 'ride' the long off the LOD setup from this AM. Hold the nose, and ride until your bank account explodes from lack of room for all that cash. I'm funning, of course, no claims of any kind, just making a point. I think we have been in this gift from the trading gods mode, just buy every dip until you can't stand to buy yet another yacht, and get ready for the real upmoves to start. Just my two cents.

And finally ZH did the writeup on that stoo-pid Tepper pump.

http://www.zerohedge.com/news/2013-01-22/teppers-balls-wall-reappear-lead-explosion-greatness

Less than 500 Dow points from the new all-time high... Of course the Trannies, Russell, Midcaps et al are just smokin' (and I mean smokin') at new all-time highs. This thing is a juggernaut, and it really looks like blow off move time.

And another new high for the entire 'bulls#%& market. Same old, same old.

Here's a thought. Even if this wasn't headed for new all-time highs, you think this will go to 95, 97, whatever, and not try for 1500? Too funny.

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