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jimkane
Rep: 3,058
Posts: 33,089
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.
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jimkane
Rep: 3,058
Posts: 33,089
They want it, but every time they try, they get smacked down. It doesn't look like they'll get their desired pop to new highs into the close.
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rat89
Rep: 0
Posts: 7,015
it's very sticky up here
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jimkane
Rep: 3,058
Posts: 33,089
Yes, it is.
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rat89
Rep: 0
Posts: 7,015
this is definitely an interesting area up here


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screen shot 2014 01 22 at 4 08 28 pm png
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jimkane
Rep: 3,058
Posts: 33,089
Time and time again I see people miss this big picture item. Be it all-time highs or 'bull' market highs, the Russell, MidCaps, Trannies, SOX, NDX, Naz composite, they are all smokin'. People are fixated on the Dow and the S&P, and everything else is just smokin' the new highs. I watch over and over as people keep concentrating on the laggards, not the leaders, and that makes no sense. Another new slew of all-time highs today, and that's the story.
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jimkane
Rep: 3,058
Posts: 33,089
Nice little hammer it down there.
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jimkane
Rep: 3,058
Posts: 33,089
Down to 'support', up like a rocket. Lather, rinse, repeat. Same old, same old, until it explodes out of this range, probably viciously up.
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jimkane
Rep: 3,058
Posts: 33,089
Going back to bed momentarily, but I had to check it...
MA
MarcinO
Rep: 67
Posts: 5,506
4PT finishing right between obvious TLs.

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es 2014 01 23 png
MA
MarcinO
Rep: 67
Posts: 5,506
Perfect butterfly right into the PTA.

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es 2014 01 23 butterfly png
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jimkane
Rep: 3,058
Posts: 33,089
New low for the move in the short aftermarket session. I love it.