I'll start the topic for this week with this:

http://www.zerohedge.com/news/2013-04-12/eight-wtf-divergences

I'm expecting some great action, and always on the lookout for the 'top' to be in place. Here, early summer in the 1600's, year end at 2000, who knows. But I suspect it will be one of them. Maybe not. I'll just be reading the clues and finding the setups. That's what I do best, I think...

As bullish as I sound, I am very respectful of this area here. I'm not so much bullish because technically I am bullish as I am bullish almost out of sarcasm/anger. I just know the games they like to play. I'm discussing this because I am not going to see this start to move down aggressively and not be ready for that. I'm not married to any premise. I want it to be clear I am ready to turn on a dime.

This is a very powerful area...

I'm getting tired, but I don't want to miss anything...

Like I said. 68 so far is 'close enough' to say 'like I said'. Sometimes it's just so easy to see 'their' plan it seems impossible. BTW, gold up 82.70 today at the high by my data, close enough to the 100 I expected to say it did as expected, and it may not be done, or even near done. Yeah, I'd say I read this one pretty good.

Originally posted by jimkane

ES now at the next little area. But, I suspect this is a ride all night with a trailing stop type of a play. Like I said, see ya all in the forum tomorrow in the low 70's. If that happens this thing will be up like 35-40 points off the low in less than one day!

Silver up about 9% off the low at today's high. Not bad.

kz

It doesn't matter on my ES post anyway, as this looks far from done. Low 70's coming up soon, it looks like.

It didn't like 68.50. I can't imagine it being done in here, but I guess it is possible...

One tick shy of 30 points off that low in one shot. Just crazy. Stoo-pid. But great for trading, I'll say that much.

Now lets see if it has anything here for the downside. Watch this little potential bullish ABCD here for the first clue. Otherwise, maybe the downtrend resumes.

Let's hope it is different this time!

Originally posted by roofer

OFF TOPIC-since 1988, in 22 of the 24 springs, i have had crippling back blowouts where i can not walk for a few weeks( in one of the two that it did not happen, i broke my back!)always in the first cold spell after the first warm up.... that is tomorrow...i shall see.....