I will start a topic for this week.

Not that my desires matter one iota to the market, but I would really, really hate for that second chart not to roll over off this area and move to new lows. A lot of my work also comes together right there, too.

Originally posted by rat89

I agree.....it needs to shake out the weak hands and create the spring action for the larger move.....I expect it to break out of this....let's see.....

Click image for original size

Click image for original size

oh my....watch this area right here

And look at the two now...

Monday:




Tuesday:



Notice where the bars all opened and closed. Eerie.


Charts created on QCharts, courtesy eSignal

It should start up now to 'get' the suckers???

Or drop another 4 points or so to rat's lower line intersection area??? Then 'get' them?

I'd have thought 'now', and was going to post that, but I decided I'm posting too much. But I also realize that the second I post it late (now), that might be all it rises. Just posting that because it is a curiosity why that would be. Think about it.

Okay, start watching in here in case this drop is just to shake 'em out fully. So far it's following yesterday's script again, and that's quite incredible to me. I'm all for playing it, as I said, just with the caveat to be ready if they snap it up and trap people, but so far it looks like they are just selling it. How odd.

rat, can you update that 1-min chart? Thanks.

Note the 60-min TL's right here.

This is acting done, but note that yesterday it went 1.25 points below the opening bar low, and 1.50 over the high. Today it went 1.75 points over the high. So maybe it goes 1.50 points below? That would be 4.25. Maybe it goes the other way, and since it was .25 higher today, it goes .25 less on the low, so 1.00 below, or 4.75. Somewhere in there and it followed the script essentially exactly. But, I think it's done...

Yeah, they planned it well.

Originally posted by rat89

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