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MarcinO
Rep: 67
Posts: 5,506
Starting it off.
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jimkane
Rep: 3,058
Posts: 33,089
A quick check and back to bed. ES rising as expected, another new high for the move, and within striking distance of new all-time highs. Everything is as it should be. I'll be watching for them to possibly bring it in for better prices in the AM, but they may not need it. Still, what a nice way handle Friday, strong in the overnight, bring it in, then gun it up. This may be a pleasant surprise wake up to the trailing stop still intact type of a move. We'll see. And there's yet another new high for the move before I even got to hit post.
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MarcinO
Rep: 67
Posts: 5,506
60-61 and 65-66.

Click image for original size
es 2014 03 21 png
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jimkane
Rep: 3,058
Posts: 33,089
53 and change coming up? Not here? Wow. And awesome cool. Then we'll really see.
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jimkane
Rep: 3,058
Posts: 33,089
BTW, notice I was correct in my read that it would rise without hitting the trailing stop, until the open, and not come in for better prices. So, down into the open, up during the RTH, and this time up into the open, down during the RTH. That was the way it used to be for a long time. I hope that is coming back. This may be a sign of change. I hope...
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jimkane
Rep: 3,058
Posts: 33,089
Watch 57 here very closely, that may be it.
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jimkane
Rep: 3,058
Posts: 33,089
As an aside, not that it is critically important, but that low there is 20.00 points off the high. Hmmmmm.
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jimkane
Rep: 3,058
Posts: 33,089
My recent students should recognize something on the 1-min into that low there.
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jimkane
Rep: 3,058
Posts: 33,089
Now, this pop is all fine and good, but watch right here at 62, as that may be all it does.
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jimkane
Rep: 3,058
Posts: 33,089
C'mon, baby, get legs.
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jimkane
Rep: 3,058
Posts: 33,089
1-min H&S top here. It looks very weak. I was hoping for a gun up shake out, but it's looking less likely. Usually the selling persists or it 'chops in the low end of the range'. But, we'll see. It may shoot for the lower area, or the one below that. Wow, that would be something.
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jimkane
Rep: 3,058
Posts: 33,089
Just a quick aside. I think the odds are like 99.99999999% that Sunday will be 'up'.