Starting it off.

odds now favor an new ath in spx, but eye on the fibs here:

blue box is the range of .886 from both down/ up swings 211.42 - 211.83

So, it respects the ABCD and hits 91.25, where it backs off in another bullish ABCD, and then it heads up a bit into the jobs report, and you can just see that one coming. As rat said, the odds favor (super-duper strongly) the new all-time high. Probably well before the close.

Originally posted by jimkane

This is lots of fun. It went up to exactly the spot I'd expect for this bullish ABCD, right into the cash close. Then it checks back hard, and is now bouncing. This is, technically and geometrically, dead on how it should unfold for a push to 91.50-92.50 (maybe 93.00). There were also factors my newer students should see about why it wouldn't go above the RTH HOD during the regular session. Now, I'm not saying it will see this above area, in fact I hope it continues dropping (hard), I'm just saying, they are acting all strong, and that may be the dodge, or it may be they want that area before they drop it. Technically, though, it's following the script pretty closely. Amazing stuff.

Watch this 13.50 high, in case that's it. I doubt it, but if it were done for today, I could see that being the spot.

Watch closely...

Careful for a lower high here on the 1-min.

I think the chances of any pullback today, even a very small one, are essentially zero, but I want to short this right now soooooooooooooooooo bad I can't stand it. I wish I had the game to move the markets, like all these scumbags. I'd smack it so hard here its relatives would feel the hit.

Should start heading back on up any time now... (instead of drop like a rock like it would do in an unmanipulated market).

Oh, my, it's down two points? Time to explode it back up.

Yeah, that's the lower high there. Yeah, it's gonna roll down hard now. Yeah, right.

What would be crazy awesome is for them to gun it now, back up near the session highs.