Starting it off. I'll be quite busy over the next several weeks, so my time in here will be light and sporadic, but then hopefully in a month or so it will settle down, and I'll be able to do more. Monday is a holiday, but there will be some futures trading tomorrow, so we won't be without some fun.

Your last chart nailed it, marcin. There are a few things I can add to that, and I know there are a few things you aren't showing, but overall, point is, that area was pretty obvious. The price action also was extremely distinctive, as any of my mentor students should know. And now we get to play that wonderful game of seeing if they make up the entire drop not only after one day, but back to the old 'within the same day' game. In-frickin'-sane, but incredible for trading, in my humble opinion.

Oh, yeah, I forgot to mention, it's a 'new' pattern at that key area, too. Not really 'new', I've been working with it for years, but I've only shown it to a few mentor students. Sorry those that haven't mentored with me (the minority, I think, of the small remaining crowd in here) can't follow this, but if I don't mention such things then my mentor students don't get as much out of this forum as they could. And you could always remedy that if you wanted, so don't blame me...

Scotty over at HT has a new chat room he's been promoting. He has over 1,000 followers on Twitter (I know it's not Justin Beeber's 44 million, but it's a lot to me). So, just for a sec I popped over there now to see how it's going. I'm it. Even Scott isn't in there! On an awesome, awesome trading day. Too funny. This is the oddest 'bull' market I've ever seen, and I've seen a few.

It sure is clear (to me) why it 'sees' this area here. Try to figure out what I am seeing here.

I'm not saying it will hold it, I'm just saying I can see why it 'sees' this spot. We'll just have to wait and see if it can handle it or if it goes back to selling (that doesn't seem too likely).

Here they come. 'Should' be time for the next leg. But can it take this area? I love the drama (that's a statement you'll rarely hear uttered from my lips).

Originally posted by jimkane

It sure is clear (to me) why it 'sees' this area here. Try to figure out what I am seeing here.

ML from the 12-4-13 low?

Al Kamego]

And indeed they come, taking that area like Grant took Richmond.

Al, this is one of key lines here.

Originally posted by MarcinO

Al, this is one of key lines here.

Click image for original size

Mircin,

Thank you. I was looking at ML sets in addition to the Spike Lines, but I did not see the one that you drew. Thanks again.

Al Kamego

New low for the move in the short aftermarket session. I love it.