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...

Okay, another shot at that key area coming up? If so, I can't imagine it holding it much longer. Much as it disgusts me, I'd like it to make the usual Friday into the close run.

Weakening again... Hmmmm.

3.75 point range for over two hours now. Hmmmm, not seeing a pattern there at all, are we...

And it's about to give way hard to the downside...

Before I saw the imminent break I was going to post this:

Posted-08/09/2013 : 12:53:50

Originally posted by jimkane

Okay, time to go into about a three point range now for the next three hours or so, until the close. Grrrrr.

Honestly, I have less than zero idea which was this will go. I am not even going to try to guess my way out of this chop. If they crush it, I'm looking at 78-80. Normally I only post one side as you all should have noticed. And, no claims just an opinion, it almost always goes in that direction. Right now I have literally no idea which way this is going since it is ranging/chopping in here.

I'd like to say I slightly favor downside resolution, but it's a Friday into the close... I can't imagine that, although I have seen it here and there.

If they bounce it here (I'm also not really seeing that, I guess I'm not really able to get any read in here at all...), it could go to the range top, roll down, and stay in the range until the close, or come out in the last minutes or after cash close. That's one possible scenario.

C'mon, just burst up you lame POS.

I may just quit after the first few hours. Day in and day out, this is ridiculous. I still see a stop sweep down as likely in here.

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