Starting it off. Here's an observation that just boggles my mind. There wasn't even a day trading discussion thread in the main MyPivots area for the entire week. We are over five years into a rip-roaring bull market of historic proportions and one of the top forums on planet earth has no trading discussion in one of the best trading weeks I have seen. Public participation should be at historic highs. TV commercials like the last bubble bull showing teenagers who own their own helicopters, giant boats parked curbside, farmers who now own islands because of trading, etc should be endlessly playing. Look now, though. It's bizarre, and should be the topic of endless discussion and research, yet no one is saying a peep about it. Biz-frickin'-arre, huh?

It seems to me that in the trading range the indexes are in, there is huge fear of being wrong when price breaks out either up or down. Meanwhile, the computers gun the stops within the range, exhausting everyone. As you say though, the past couple of weeks have been the best trading environment in months with trades setting up once or twice a day sometimes to the penny. And when the range finally does get broken, most traders will be dazed and confused, and left behind.

Sure seems like this is going to rise from here. It's really 'up against it', so if it does, that would be quite impressive.

the setup is there for a significant move up this week if it wants it





median line of purple set not hit - price most likely back to upper line:

TD ABCD?

maybe.....first exit here on upro, and potential smack down area

where the .447 meets the .886

Nice stuff, crew.

Okay, watch here to see if this has trouble, or if the 'explosion' is just starting.

72.50-.75 area would be a nice finish.

But 69.50-70.00 would be impressive, too. But, it probably can't handle this area here...

At least it did what I expected, chopped around. Sunday may be interesting. But nothing beats a day like today for trend traders. Fan-frickin'-tastic.