Starting it off.

Yep, it's just waiting on the open after that little sweep.

Just woke up, checking it out, and there's the sweep down. Small sweep up, big sweep down. Let the games begin. Same old, same old. Oh, I forgot, I never found that post with my higher timeframe area. I'm not sure if I'm awake enough to find it.

Okay, you guys owe me for this one, it's late, and I'm fried, and I did it for you anyway. Right now 17.50-22 is the heart of the heart of it. My question is, do they go right for it, or do they do a 'backtest' around the 51-54 area and then go down. This is assuming it is headed there at all. My view right now is short with management mode in place, and it does what it does. Okay, back to bed. When something is 'in play' like this I tend to check every time I wake up, so if anything big happens and I wake up, I'll try to post. This is a good night for 'the cot'. I need to find that post and repost it for our recent new readers.

Originally posted by jimkane
25-Sep-2014 at 4:15 PM

My best area on the downside is from 14-29. It's a higher timeframe area, so that width is reasonable, but I'm including everything in there, from the .382 to the .447. The 'best heart of the heart' of it is from say 17-23ish. It depends on when it gets there, and on what else it shows on the way, as far as pinpointing the area better. That is, assuming it even goes down any more. There is another key area before that, and we are sitting on one right now, which it obviously 'sees', and it has reacted to it a little bit. So, we'll see.

Thanks, Jim. I will try to place a chart as soon as I find this area using the tools.

Good deal, Marcin.

BTW, crew, crude dropped down off that flat ABCD and took out 90 like it was nothing.

And that outrageous silver read, it flushed down as expected, and when the bounce started, right back to the downtrending TL that it came off of, where it reacted once again. Now it has a small bullish ABCD. Amazing stuff.

And now I'm really done.

Here it is. Intersection of key lines in the middle of KZ.
TL at 27 may give some reaction to set up a trap.

The generals are leading, and the troops aren't following. This, usually, is a very bad thing.

http://www.zerohedge.com/news/2014-10-03/market-breadth-has-collapsed-around-world