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jimkane
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Okay, crew, let's kick some buttkowski this week.
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rat89
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The more of that I hear the more it concerns me....I see so many daily charts that are at exits of moves initiated almost two years ago....and I see those same stocks on people's buy lists

Originally posted by jimkane

'Floor' trader on Bloomberg, paraphrased: 'This is going to be that power year. The year of the big pop. People are afraid the train is leaving the station...'
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jimkane
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That's what I'm sayin', rat...
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jimkane
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8.25 hit. Right at key lines. Now we see. And what we'll most likely see, I suspect, is new highs. Maybe only nominal new ones, but I just can't see it being rejected again, after all those tries, and after making up a big drop immediately. But, we'll see.
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jimkane
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Nice start to the 8.25, but they like to just tease, and then crush the shorts. So, as 'The Gambler' said: "You never count your money when you're sitting at the table, there'll be be time enough for counting when the dealing's done".
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jimkane
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This 5 area is the first 'test' for it.
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rat89
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symmetry would call for a move from .768 at yesterday's low to 1.27 at top

1.27 from feb 1 high at 151.96


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rat89
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they are good



Click image for original size
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rat89
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this level seemed unthinkable several weeks ago, but anyone looking at multiple time frames can do the work and see the importance of the 90.94 - 91.12 area on iwm
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jimkane
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Nice stuff, rat. I'd think the ES would want to hit 1518 or so into the close. It looks like it won't go anywhere, as this is the narrowest range grind for an entire day I've seen in awhile. Still, I'd think they'd come in at the end...
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jimkane
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Duane
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Good Stuff jim thanks for posting!!