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...

ES weakening again. This thing is in a lot of trouble.

So, if I read this right, that's the biggest one day drop ever from the previous day's close (I think that can't be right), the biggest two day drop in 30 years, and the most oversold in 31 years. And sitting right on the area I posted way, way back.

http://www.zerohedge.com/news/2013-04-15/gold-drops-most-30-years

Wow, I haven't had that exciting of a day in quite a while. I'm in hog heaven.

ES is heading up. Trigger has occurred. Long side bias for the short-term, now we see.

The very-short-term areas I will be watching are:

47.50-49.25

51.50-.75

55.00-.75

If we get 'the bounce' I'm looking low 70's. Otherwise a nice bounce would be 64-65. The .382 is at 59.50, so watch that as it rises (if it does indeed rise).

48.75. Time to watch closely.

Originally posted by jimkane

The very-short-term areas I will be watching are:

47.50-49.25

51.50-.75

55.00-.75

If we get 'the bounce' I'm looking low 70's. Otherwise a nice bounce would be 64-65. The .382 is at 59.50, so watch that as it rises (if it does indeed rise).

the geometry of what if

i am taking a bunch of ideas and starting and ending with the tools of this forum..the start is the trade today to the 786.... if it holds and follows the script i will add as the days go by....

That's a fascinating what if scenario, and it's opex week so anything is possible...thank you roofer for always pushing me to work harder....it was quite an overrun at the high, but interesting how the older set came into play at the low and your .768

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.....