Kicking it off. I'm expecting another insane week, and many more to come, as this thing starts to unravel.

Look at these swings!

Hmmm, so they do want down, but not without a fake down, hard drive up to shake 'em out, then down? Or is this just part of this wild swinging that's going nowhere? For me, a day like today is good for 'scalping', and then either resign oneself that when it finally goes one will be left behind, or use various timing factors and such to try to anticipate the move, and maybe give back a few scalps waiting for more, when the odds favor the move.

"You are looking at the single largest falling wedge pattern in modern financial history."





Source: http://www.zerohedge.com/news/2015-02-04/stocks-are-poised-serious-collapse

Why is that last chart important? Here's a chart of oil and the inverted dollar index (dollar up, oil down).




Source: http://www.zerohedge.com/news/2015-02-04/stocks-are-poised-serious-collapse

So, when they shake this all out, will they bust up and over the key area here? This isn't acting like it's just testing it thoroughly, and then down it goes. How about a break up and over as a fakeout, then they kill it? So many options, so many choices... All I can say is it looks like big up coming.

Get ready...

Let's go already. Geez.

Yawn. Took them long enough, but there's that new high for the move, as expected. Now let's see if it's just another game, or if we'll get some legs on this one. I'm hoping for some legs, but I'm highly suspicious.

Now we see. There's the reaction. Showtime. Fake up and kill it? Or another dip to buy? I'm not a buyer in here.

That was a nice reaction off the 15-min ABCD into the close. Another nice day for trading, in my opinion.