Okay, I'll get it started for this week. I'm expecting another fantastic week, as far as action.

right in the kz

This 80.75 area here is important if it were going to roll down for another leg. But, that's a monster if.

Now I rather suspect this will be a repeat of Thursday in one sense. Thursday there was a great setup, but it reacted slightly then blew it out to the upside. There was, though, a serious overlay of lines where it went, and as we see it reacted quite strongly off that. It followed the down then up until close model.

Now it has a nice area here, albeit much smaller than the one from Thursday. It did a little reaction to it, and now appears ready to blow it out to the upside, on its way to a rise until close. We'll see. Too bad, it passes all the opportunities up. It's not ready for down yet.

Just as I posted that, though, it reacted to a 'retest' of the area. Too bad it's likely another tease.

If this were weak it should turn here, but I can't see it. A curious thing happens at 82.50 area, though, and it's not about it being a key confluence, it's more a fractal thing.

But, all this is just playing around, because I think rise until close is the highest odds scenario.

Speaking of morning drop ramp until close, look what TK had posted.

http://slopeofhope.com/2013/07/morning-three-peat.html

I wish he would update that for the full morning drop and bounce, it would look even better.

But maybe this time my area is going to be respected???