Kicking' it off. Going to be another exciting week of the same old, same old, I think. Let's see if that late weakness turns into a big drop, or if it does what I think is the highest probability which is setting the new all-time high. Remember, though, this is a monster area with a key backtest on the daily/weekly SPX.

The line is at 97.25-.50 or so now, since it's taking awhile and the line is rising. But at this stage of the game it's all about hitting those new all-time highs, and the higher timeframe areas. Then it's just blue sky.

No posts today at all? Too bad...

Anyway, the ES has been behaving very technically, so that's good. Starting this week, though, at pretty much all times during the RTH except when the Fed swings were happening, it's had heavily overlapping swings going on. This is no harder to trade, but will reduce the potential, since nothing changes about were the move may go, but wider trailing stops are needed to account for the swings.

Okay, this 87.50 here is a very key area, and it 'sees' it. The plan would generally be run until close, given it's a Friday and the market is one good push from new all-time highs. I'm thinking 91 might be enough for today, though, although I'd like to see it take out the overnight high to end the week on a new high for the entire move. But, I'm not sure it can handle this current area. I'll just let it do its thing, and see if it can or not.

I'm disappointed, I can't report another new all-time high for F#&%book. But, my AZO set another new all-time high, so that's actually great. I like AZO, and hate F#&%book, so all is as it should be?

Otherwise I'm just sitting here bored waiting to see if the ES can take this area out, watching the go nowhere overlapping swing price action that is more the norm this week.

New high for today's move, but the key area hasn't been overcome yet.

Okay, another new high for today's move. Does that wildly swing it back down into another overlapping swing? Or is a trend move really going to start?

Yep, more overlapping swings...

I'd like to say this has a look of an impending swooooooooosh, but on a Friday into the close when the market is strongly rising? I can't imagine that.

PCLN not only hit another new all-time high today, it is pushing up on 1,500 a share. You read that right. Until this nonsense stops, the 'bull' isn't done, in my opinion.