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MarcinO
Rep: 67
Posts: 5,506
Starting it off.
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jimkane
Rep: 3,058
Posts: 33,089
Give it to me, baby.
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jimkane
Rep: 3,058
Posts: 33,089
Watch very closely and carefully. Gosh, I love markets, the concept of trading, technical analysis, all of this. What a great day to be alive.
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jimkane
Rep: 3,058
Posts: 33,089
I'm tired, but have to stay up a bit more. Good thing I prepped for this with a long nap.
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jimkane
Rep: 3,058
Posts: 33,089
Ya all watching this?
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MarcinO
Rep: 67
Posts: 5,506
Thanks a lot for your very long posts. Great food for thought.
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MarcinO
Rep: 67
Posts: 5,506
Next resistance at 80?
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jimkane
Rep: 3,058
Posts: 33,089
Yesiree. But like I said, nothing gonna stop this juggernaut. It isn't going to get a handful of points from a new all-time high, and then fail, in my opinion. It may 'see' 80, though, and come in for better prices, and then another leg. We'll see.

Originally posted by MarcinO

Next resistance at 80?
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jimkane
Rep: 3,058
Posts: 33,089
Watch the 1-min/5-min TL here.
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jimkane
Rep: 3,058
Posts: 33,089
As an aside, the Naz (both 100 and Comp) are just smokin' at new bulls#%& market highs. Also, the S&P is the strongest of all the other major indices, and that's not what we usually see. Until recently, the Russell and MidCaps usually led, and many times the trannies.
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jimkane
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Posts: 33,089
Today seemed very odd to me. It looks like a smooth trend (and it was), but it has many periods where it was in a one tick range for say fifteen minutes, or a two tick range for nearly a half hour. It just felt a lot different. Maybe it was just small programs and quote stuffing, etc., and nothing else?
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jimkane
Rep: 3,058
Posts: 33,089
Not many know that lately I've been assisting my better half with 'landscaping' our front and side yard and doing the garden. She relocated a nearly eight year gardening project (flowers, shrubs, tress, and vegi's) when we moved. What we didn't know was the place we bought has the worst clay soil I have ever seen in my entire life. When we get closer to completion I'll post a picture or two in here. We won't finish entirely before the brutal non-stop rain gets here in the fall, but we'll be pretty far along, enough for some pics. In the meantime, here's what we're working with. No, those aren't rocks, that's the soil.

Click image for original size
clay png

And by the way, that's not concrete below the wheelbarrow, that's the ground we are working with.