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rat89
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Posts: 7,015
I have nothing to say, but I'll kick off the week's thread
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jimkane
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Posts: 33,089
The ES does look primed for another burst up. This is the key spot to watch, in case, but why bother...
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I'm thinking 99.99% chance of a new high for the move here. Then watch around 54.25-.50, just for fun. And then enjoy the new 'bulls#%&' market high, after having seen 29.50 just last night!
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jimkane
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Posts: 33,089
Look how it 'sees' the downsloping priceflow area here. I doubt it will stop it for long, but it is interesting to see it 'see' it.
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jimkane
Rep: 3,058
Posts: 33,089
How funny. It sets the new high for the move by one tick and then dumps (the 1-2-tick game). Now I watch to see if this is just part of a bigger ABCD, or if they can really sell it a bit. Looking for selling when they are manipulation ramping it to calm fears of bank runs and such, well, that's a fool's game, in my opinion.
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jimkane
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Posts: 33,089
Is there anyone out there? If so, can someone just post a 'Yes, I'm here'? I'm wondering of maybe no one can get in to the forum.
FI
fib21
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Posts: 40
I'm here......
FI
fib21
Rep: 0
Posts: 40
Looks like they wanted to trap some shorts with this bullish TD
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jimkane
Rep: 3,058
Posts: 33,089
Okay, they got the stops, now we see if this is some form of bullish ABCD, or if my 53 area really might do something.
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jimkane
Rep: 3,058
Posts: 33,089
Thanks. I thought maybe no one was here at all. So strange to not have any posts of any kind.

Originally posted by fib21

I'm here......
JI
jimkane
Rep: 3,058
Posts: 33,089
Big 1-min volume spike, stops hit, flat/exp ABCD hybrid at a key .382, just about dead on the most key line. It's set up perfectly for a 'W4' and up to new highs for the 'bull'. Now we see.
JI
jimkane
Rep: 3,058
Posts: 33,089
Bah-dah-dum, the Vegas rimshot drummer goes.
(And yes I know it is commonly called a rimshot but technically it isn't at all...)