Starting it off.

So, is this bullish ABCD going to send it up? I think at best we will see 'chop in the high end of the range' for the remainder of the session.

Big decision time right now.

the good, the bad, and the ugly

And the decision, off course, was respect the bullish ABCD and head up.

And that's why I want to short it more than I want air. But I likely won't consider more seriously than just a fantasy desire.

Originally posted by rat89

the good, the bad, and the ugly

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Yawn. Ho-hum. Just waiting on a nominal new session high here. Long is the only way to play, as much as I want to short this to death. So, the play was long off yet another ABCD. Not only that, the last three ABCD's today all had a unique character to them. Quite curious. As an aside, the odds favor 'chop in the high end of the range', not another new session high today, as they usually like to save them. So I'd be a little surprised if this last ABCD did give the new high in the RTH. But, it's good for a very short-term play regardless.

But, if this long ABCD play gives more, all the better for the pocketbook. Twists my guts into knots, but makes the bank accounts of all the ABCD traders very happy. Like roofer used to say, hold your nose and take the long.

Four ticks, five minutes left in the RTH. The fifteen more in the after-cash (plus that dopey after-session). They could do it if they wanted to.

I think they'll save it. Close it basically right at the session highs, but save the next one for Sunday.

See? 'Chop in the high end of the range', no new session highs. In fact, a sweet little dump. Cool. Low near the low end of the range, so dump most likely over.

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