Starting it off.

ES is very close to 28-29 resistance level and looks a bit tired, I guess.

got through the area with qqq at 1.128 at 89.67

Drop it down in the overnight into the premarket, then straight up over 24 points so far. Same old, same old. Notice lately how many of the big days start pretty much right around the open. So far this gives me no hint that it won't keep going to new highs. We'll see, though, this area is tough.

they sure sent it down to an important area and picked it up fast....sleep late and you miss the whole shooting match

Originally posted by jimkane

Drop it down in the overnight into the premarket, then straight up over 24 points so far. Same old, same old. Notice lately how many of the big days start pretty much right around the open. So far this gives me no hint that it won't keep going to new highs. We'll see, though, this area is tough.

DT ?

spy 30 with the near term target area in the 8¢ red box from 183.58 to 183.66 where the 1.618 (179.81 > 173.71) meets the .886 (184.94 > 173.71). it would overshoot the line which is what you would expect from a move with this much force.

iwm at .685



tna at .618



spy at .886



qqq at 1.128 (move not really completed)

Took out the key area like it wasn't even there. Now merely a few points from the new all-time highs. I see nothing but up. Yes, it's a load of congestion here, and yes, it could stop in here and be done, but the odds don't favor it at all, in my opinion. Not even close...

Time for another leg into the close... I say they'd get the all-time highs before the close, which they could easily do, but I think they may hold off for now with that. We'll see.