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jimkane
Rep: 3,058
Posts: 33,089
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...
JI
jimkane
Rep: 3,058
Posts: 33,089
4.25 point range for over three hours now... Grrrrrr (and not the bear goes Grrrr).
JI
jimkane
Rep: 3,058
Posts: 33,089
Stop sweep down coming any time now.
JI
jimkane
Rep: 3,058
Posts: 33,089
They only touched the low. So far.
JI
jimkane
Rep: 3,058
Posts: 33,089
Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, it's set up for that stop sweep now.
JI
jimkane
Rep: 3,058
Posts: 33,089
Might take it to 86.
JI
jimkane
Rep: 3,058
Posts: 33,089
Hmmmm, they got it below, and no real stops there.
JI
jimkane
Rep: 3,058
Posts: 33,089
I think it says a lot about this market when there seems to be a lot more upside stops than downside.
JI
jimkane
Rep: 3,058
Posts: 33,089
I guess 86 in a slow grind instead?
JI
jimkane
Rep: 3,058
Posts: 33,089
I would have made a lot more money this afternoon if I spent the time working at the local MickeyD's...
RA
rat89
Rep: 0
Posts: 7,015
I'm sorry to bore with another chart of the same thing, but what they did here is just too funny


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