Starting it off.

I keep trying to think how do do something with the KT project. It's so 'dead' right now, it gets to be a weight around my neck. The 'carrying costs' are the same whether it's dead or poppin', so when it's dead it seems such a waste. But, the trading world, for private traders, seems pretty much non-existent. I'm thinking, then, that any attempt to do anything with the project is totally futile. It still seems like some places have some following, but I guess, in reality, those are just a group of people, probably making money in some other fashion, or who have money and don't work, and like to play at trading, and they just gather there. They aren't people who want to learn to trade full-time by developing world-class skills via hard, hard work (like neurosurgeons, professional athletes, etc.).

I'm afraid I'm a dinosaur, the last top of the line chariot wheel maker... It really sucks to know what I know, and have a crew of a few, and most of those haven't seen any of the new stuff. I'd think, with the skills I have, I'd have ten or twenty really wealthy, driven individuals who migrated to my area just to be able to have face time with me, and we all meet and discuss this stuff regularly. When I was younger I was willing to move anywhere in the country for a job (and I did, when I finally got an offer in the field I so desperately wanted to work in), and I wanted to even take a job overseas. Back then, if there was someone in that field who had skills like I do, and they would work with me in person indefinitely, I would have moved in a blink. Be part of a team, a club, of traders working on cutting edge stuff as it is developed. But, in a world of about seven billion people, no such interested persons exist...

Now, let's see if that's not just the stop run out of the range, then down to sweep the other side, or play some other game. Even though this hit a key area at the LOD today, it's hard to imagine a Friday into the close move, try as I might to see it.

That's probably it for the 'bounce'.

I would, of course, prefer a nice pop into the close. But, a bearish ABCD with a corrective structure in the BC leg, it may just be too much for it right now. I'm hoping it's a 'W3' instead. I strongly prefer healthy trends, as everyone has heard many times in here.

C'mon, give it to me, baby.

Watch 62.50 and then 64.50-65.50, if this gets any legs, which it's unclear right now if it will or not. I see it as about 55% it will, 45% it won't.

While my gut feel/read is 99% it won't. That in itself is interesting.

The ABCD area here has a lot of things coming together and it 'sees' it. But, it's a smaller area than the area at the low, by several degrees, so if the low area is going to be respected, it could easily take the bearish area out, no matter how sweet an area it is.

C'mon, give it to me, baby. Give me the perfect end to another great week.

The move is very labored, though, so I'm not sure how much 'strength' any burst could even have.

C'mon, baby.

ES rising again (hard), after that vicious 1-min shakeout. It does seem to be set up nicely for Sunday open. We shall see. I'll be watching the little mini session at 1:30 PM, given this was exploding into the futures close there. Normally the mini session opens a little down and just sits, but today, it may pop up and take out the local high there.