Kickin' it off. It's going to get wild. This week is Armstrong's 'Big Bang' date, mentioned at least as early as 1989 in one of his conferences, he said. It's not a date for a market implosion, it's the peak date for government and sovereign debt. Catalonia voted today for independence, a binding vote. The last one was not binding. It was overwhelmingly for secession.

I can find no information on this vote anywhere right now, yet it's over and done. Nothing on ZeroHedge. I find this bizarre. Understand, if any EU country has a secession, it will, in my opinion, begin a waterfall breakup of the EU and the failing of the Euro currency. So, tanks will roll, it will be stopped. But, it may cause massive unrest and even a European war. Markets will move. Hence, this is not a trivial event today. Yet, nothing, no reporting anywhere. I'm... confused...

Pretty frickin' incredible, eh? Like I said, it wants the 20's area, and that would be a deep retest of the key backtest area. I strongly doubt it will hold. I think big up is much more likely, like 70/30 odds. Hopefully I'm reading this wrong and it does start back down again, but I just can't see it. Regardless, the trading is right up there with the best I have ever seen. It's simply amazing, just seeing all the areas and making big, smooth moves. No one could (or should) ask for more. Some day (after the system implodes) we'll all reminisce about the days where we could trade daily, get good fills, brokers were likely to be open the next day, the market was there and 'orderly', and so on. This is like being in heaven right now for traders. Enjoy it.

Originally posted by jimkane

KZ pullback, so watch and see what it does.

Futures reopen and start moving... up. 20 is now 2 points and change away.

18.75. Pretty amazing, given where it was when I said I thought it might want that 20's area.

New high for the move, 19.75. 'It's there'. The best stuff is a little higher. But, is it going to stop? It's a tough area, but truthfully, I can't see it stopping. I am now at about 80/20 for substantially higher. I hope my odds calculations are way off...

I'd love it if they weaken it from here, the totally fake jobs report comes in strong, and the market dumps on worries that QE4 and NIRP (Negative Interest Rate Policy) won't be forthcoming. I can at least dream.

23.00, 'deep in the heart of Texas'. It drew the immediate checkback, but how much and for how long? It may do little until the jobs report. I'm just blown away by how I could 'see' it may want this area. I don't know what it is that all my hours and chart work just sometimes clarifies and 'I know' what it's thinking. No claims, just an observation/opinion.

10.25 point drop off 23 so far, by my data. We'll see if it leads to anything. It's all about the jobs report now.

ES strong again. What a surprise. It just popped up over the TL, so let's see if it's the TL trap game. If not, new highs for the move, and perhaps a big move up, may be in store.

TL blown out, new highs for the move coming.

Wow, that reaction off 22.50 was... interesting.

Lots of great posts this week, guys.
I'll be off the forum until Thursday unfortunately.