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...

Didn't I hear someone say to watch the area of the LOD there at 80.75? I thought I recalled hearing that somewhere...

Originally posted by jimkane

I'm pretty tired right now (that's the understatement of the year) so I'm not going to post much, but let me say that the best very short-term level I have is 80-82...

87.50 here is the first small challenge.

I'm more interested in the 92 area, though.

88.50-89.00 will be interesting, too.

Boy, it sure 'sees' that 15-min downsloping TL.

Okay, it finally 'took' that TL.

88.25. Watch closely.

Originally posted by jimkane

88.50-89.00 will be interesting, too.

Since that was such an obvious TL, it 'had' to be gamed, so that pop over to the next level and checkback meets that criteria. Point is, it hasn't tipped its hand yet.

It sure 'sees' this area (which has another TL and a key set line).

Let's see if it comes back into the KZ and does a PB like the 'W1' PB off the low, then up to the next level (or if, heaven forbid, it dumps...).

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