No charts. Just opening a new topic.

And right off the ABCD to new highs for the move it goes. Now, there are layers and layers of key things from here for the next few points, so this is the do or die zone for it. We shall see.

It sure 'sees' this area.

Some Friday afternoon humor while I await the ES decision at this key area.

From O'Bummer:

"I will also hold myself as president to a new standard of openness.... Let me say it as simply as I can: Transparency and the rule of law will be the touchstones of this presidency."

Overhead TL here...

This area stopped it dead.

Notice the 1-min 3D into the area, too. But, I don't think this will be it regardless.

What it 'should' do is a bigger correction, then up and over. But, who knows, it's so weak, maybe it is done, and now it will hit deep into the area.

And that might be what it is doing. Watch 53.25-54.00.

54.00 it is. Everything is on shed-ule (pronounced in the British manner).

There's the new high for the move. But, now it's deep into the most key level, so this is it. If it clears all this (let's call over 58.75 'cleared'), there is one minor spot in the 60's, but it's low to mid-70's next.

Thanks Jim and thank you for the offer. Please leave my latest posting in the main discussion threat, where it is. The chart seemed worthy of comment at the time I looked at it, but now, not so much. It probably points out that I need to follow price action on the 15 minute and higher timeframes more, in order to see more, as you have pointed out in your books. As usual, the Kane ABCD covered the price action beautifully.

Al Kamego