I will start a topic for this week.

I know they want that new high for the move into a Friday close.

I'm watching 25.50, 27.25, and then 31.25, which it surely wants. But, this is a really tough area here.

This thing is so stretched, but can it keep grinding up? It's just a ride and wait and see type of play, all the while being very cautious and ready.

It might be done...

It would amaze me if they sold it now into the close.

Just for perusing.

http://www.zerohedge.com/news/2013-07-04/next-american-revolution

Now, the really cool technical question is, is this dip, right to a precise spot, the necessary pullback to now launch into the posted areas (it also lines up many harmonics into those areas), or a bounce and roll for some selling, and the high is in? I suspect it will chop right here and try to mess with people before it tells us the answer.

It seems like 'up', though, is the most likely answer.

Okay, whether it bounces right here or not tells me the story.

Critical mass has been reached on the 1-min.

Yeah, they planned it well.

Originally posted by rat89

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