I will start a topic for this week.

So far, total respect. Will it last?

Uh-oh, 1-min higher low...

Retest of the price flow from beneath with a 1-min bearish ABCD. Down it goes hard now, right? Riiiiiiiiiiiiiight...

Very surprising it's reacted this much to the backtesting ABCD. Do they want to sweep the 16.50 stops? Could this actually be a real move? Will they jump it up as it gets this close? Good questions.

Understand, I tend to post a lot out of extreme boredom when the market goes into tight chop for endless hours. I am probably no better at figuring out the little wiggles in chop than the average guy on the street (not 'The Street', just any old street). So, take it with a grain of salt.

Small abcd backtesting previous resistance area.

It's so close to 'action time'.

This looks ready to break down hard any second. So, that means it is going to snap up? Or sweep the stops and then snap up?

A genuine move down??? No way!

Ready for the snap reversal?

Yeah, they planned it well.

Originally posted by rat89

So cool....163.08 into the close for a 1.27 dbs