ABCD to 1.1185?

Just not right... I can't wait to see how this ends. For now I'm off the long side, watching. If they blast it off there may be no chance to get in, but if there is one, well, that's the play. It may just end after lots of chop. I can't stop thinking they'll come in at some point, but why this much shaking? Some shaking, but this much?

all I know is this....once this corrective up move off last Friday's low is finished somewhere between today's high and 2045, the conservative move for C is C=A of 268. Based on today's high that's 2020 - 268 = 1752.

Bullish DT ABCD at KZ and lines, with a higher low in place after it hit.

That's my dream, anyway. I hope that is what is unfolding. It's just hard to be optimistic, since the manipulators just don't want to 'play fair'.

Originally posted by rat89

all I know is this....once this corrective up move off last Friday's low is finished somewhere between today's high and 2045, the conservative move for C is C=A of 268. Based on today's high that's 2020 - 268 = 1752.

If anyone wants to know what trading will be like, best case scenario, without funny money and credit expansion, and quote stuffing and spoofing and HFTs and all that nonsense, just look at the ES from say 12:30 Eastern until now. If I get my wish and all this BS stops, that action would be considered an exceptionally good day, in my opinion...

Anyway, it did give something (outlined in a post above) to get back on the long side, and I am long side bias again until close or done for the day, whichever comes first. I'm too wore out for anything else. I expect upward biased chop at best.

I would expect them to close it high today of course. They're having a hard time doing it, but that last 5 minute pop is always a goodie.

Originally posted by jimkane

That's my dream, anyway. I hope that is what is unfolding. It's just hard to be optimistic, since the manipulators just don't want to 'play fair'.

Originally posted by rat89

all I know is this....once this corrective up move off last Friday's low is finished somewhere between today's high and 2045, the conservative move for C is C=A of 268. Based on today's high that's 2020 - 268 = 1752.

Okay, the key line for the 7-9+ area is hit. Now we see if it can grind through the area, or not.

That's why I am staying on this long side bias. It got me off it, but gave me something right away, so no harm, no foul. It was just my jumpiness that got me off it anyway. I am expecting it might leap at any time. But it's a choppy grind with lots of very quick snap downs.

Originally posted by rat89

I would expect them to close it high today of course. They're having a hard time doing it, but that last 5 minute pop is always a goodie.

Originally posted by jimkane

That's my dream, anyway. I hope that is what is unfolding. It's just hard to be optimistic, since the manipulators just don't want to 'play fair'.

Originally posted by rat89

all I know is this....once this corrective up move off last Friday's low is finished somewhere between today's high and 2045, the conservative move for C is C=A of 268. Based on today's high that's 2020 - 268 = 1752.

It's right smack in the middle of this key area. Now we see what kinda chops it's got for the close.

This is some funny stuff.

http://blogs.reuters.com/breakingviews/2015/10/09/the-devils-dictionary-of-post-crisis-finance/