I'll start the new week off. I'm watching around 16.50 for the ES, there is a lot of stuff there. Like I said, it could push a bit higher, but there is a lot coming right up in here, and if that doesn't check it back a bit, that would indicate to me immense strength. I'm still looking at my higher timeframe scenario, with two areas. Let's say 1830-60, and around 2000. Both are technically solid areas, but I like the 2000 area better (although, admittedly, it would take a monster blow-off to achieve that) for several reasons, one of which is it would set up some harmonicities that would be remarkable.

I am still watching that possible new proprietary timing thing that has this rising until Oct-very early Nov, and then a final push into Jan. It would be amazing if it was destined for the 2000 area if it did that first time area pullback right off that 1800's area. I had said I would post something on the bear market and oil at perhaps $250 this weekend, and I may, or I may get to it 'later'. I'm just one person, and a person with limited energies, so I'll do the best I can...

Note the very impulsive 5-wave up, too.

Okay, it pulled back to a notable area and is now exploding. Let's see if it overcomes this level with ease (as it 'should'), or if it plays that chop struggle game here.

Right to a key line I have, and they hit it. This is a tough area.

another day... same game,, melt thru pivot, test pivot.... melt thru pivot, test pivot

I am rather surprised this area is so strong for it. It makes perfect technical sense, but I'm only used to seeing this rise until the close after a big morning sell. Maybe it just needs an ABCD here to set it up for the next leg up. I don't dare expect that it may actually sell...

roofer's approach and methods of trading is just so much simpler than mine. I think when he designed his approach he had in mind that it is important to keep the approach very 'manageable', the KISS principle. When I came up with mine I sometimes think I was trying to make it as complex as possible. The MIRRCS (Make It Really Really Complex Stupid) principle. This came about for me because, unlike roofer, I was simply unable to come up with any simple plan that would work for me. They all lost money.

I envy those that can do it simple, but maybe because I have an over-thinking brain (and maybe there are other reasons, which is surely something to ponder), I was never, ever able to do it. I gave up and looked for something that might work for me. That something is going to be quite complex. Oh, well. Like I said, I envy you guys who can do it simple.

Okay, here's the ABCD. I somehow no longer think it has much of a chance of rising today, or overcoming that area. Maybe this is all a part of the chop I referred to earlier, or maybe it is organized. Maybe it is simply selling off that key area, and is ready to head down in a serious fashion. We shall see.

Watch 87.75-88.50 here. But, this could sell, and if it does, I think it would be hard.

Wow, while I was posting that it did pop. Let's see if it's another little game, or if it will actually respect this area.

Crude's back on fire, up over 4 since yesterday.

I'm sorry to bore with another chart of the same thing, but what they did here is just too funny