Just getting ready... Champing at the bit...

Wow, if this is a lower high at this key area with retest at its own key area, well, this might head to new lows. And if so, not another retest of that same area. Perhaps the 1580 area. Just a thought. Maybe it's just chopping around and all this means nothing.

Everyone really should read these quotes. This is what we've lost from our forefathers.

http://www.theburningplatform.com/?p=59735

I posted a quote by this guy awhile back on the quotes page. This is good stuff.

http://www.theburningplatform.com/?p=59730

ES bullish 4PT at line here, will it play out? I'm not feeling very bullish...

Now closer to a standard/flat hybrid ABCD here. Will that play out? Again, I've lost any bullish zest I had.

Don't get me wrong, if this is headed up, this is a wonderful area and setup coming together in here, right at a KZ. I'm just not feeling the bullishness that I'd usually feel at such a spot. That's all I am saying.

There's a small area here around this ML, 30.00-.25. But I really want a deeper hit into the key area, like 22.

This market is so broken. Lowest August volume in sixteen years as we sit essentially at new all-time highs for most everything. Hmmmm.

http://www.zerohedge.com/news/2013-08-28/august-us-equity-trading-volume-plunges-lowest-16-years

It really seems like it's starting some hardcore 'up' movement. I'm anxious to see if that is indeed what is happening.

So, if this gets moving I am watching around 54 and then 63. There are some things in the 40's, but I'm too tired to post the exact levels, so do the work. It really wouldn't surprise me to see this hit that 54 area tomorrow, or shortly after. We'll see. Like I said, I have very little idea what they might be planning to do intermediate-term with this thing.

Maybe this is very close (I think it might be), and maybe it's not even in the ballpark. One thing I do think is if this isn't how it unfolds, it will be some other scenario equally vile. Sorry. I can't believe my 'golden years' as I near 'retirement' are going to be spent like this...

http://www.zerohedge.com/news/2013-08-31/guest-post-what-expect-during-next-stage-collapse