Firing it up. Not much to say except I expect the action to be wild, in a 'good' way. Lots of volatility, lots of action.

That's a very nice dump, and a very fine read on my part.

That all lines up with what I have on my ES charts, rat. But will it really stop short of new all-time highs?

Die, pig, die right off my area. But does it have any more to give now that it's at this first key area? We'll see.

abcd within an abcd

the .618 meets the .886 at x marks the spot

So much to say, so little motivation to say it. ES at big ABCD here at key area. Bounce was right to the expected spot. Roll, as I said, came right off my area. It's all just following a script. It's quite amazing.

Watch the behavior here for some clues about the seriousness of this bounce. First watch the little bearish ABCD in here. There is a moderately good chance this area will barely be able to bounce it at all, and down it goes. If so, that would be a major character change in my opinion, and it can get back to working on those lower (much lower) areas I posted before.

Nice charts, rat.

Okay, the ES is positioned now, after that little bearish ABCD reaction, to pop into the close and the after cash. Will it?

That reaction in the ES to the jobs report really was something. The higher the Euro moves, the more excited I get for the short side. I think I would get a lot more pleasure riding the Euro down to the 80's, and into its final end as a currency, than I might get from riding the ES down to 400. Okay, well, it would be a tie, I guess. None of those emotions fit well on a trader, but I'm only human. As long as I can separate the moves I'd like to see emotionally from what the technicals and such say about what movement the odds favor at this moment, I think it's okay.