Kickin' it off.

4.50 point range for over two hours. Narrower for the last hour. This sucks. I expect some more upside soon enough, but for now, this bites.

That's a great point. I didn't think of that.

Originally posted by MarcinO

I wouldn't risk that. Random market theory extremists would most likely try to destroy it.

Originally posted by jimkane

I got my wish. No heat, either, basically straight up 24 points off it. It doesn't get any better than that. The chart showing the price flow and reaction should be hanging in the Louvre.

Originally posted by jimkane

I'd really love this 64.25 on price flow to be it...

Originally posted by MarcinO

52-56?

Soon - check
More upside - check

Originally posted by jimkane

4.50 point range for over two hours. Narrower for the last hour. This sucks. I expect some more upside soon enough, but for now, this bites.

And yes, this is a retest area of the recent high, which is up against a tough area. But, as we have seen for coming up on seven years, all those bearish 'W2's' are just 'W3's' smokin' to the upside and new highs for the move. I expect nothing different in here. Sure, here and there a very small percentage of these turn it down (temporarily), but it's not a high odds bet.

Looks pretty straightforward in here. Rise until close, set a new high for the move, finish within an easy day's move of a new all-time high. Easy-peasy.

It would be funny if this decided to react to this retest area here and come in just as I made the last post above. It won't be the first time that has happened, in fact it's happened a lot.

There's the new high for today's move. 2.75 points from the high for the entire move. Just over 40 from a new all-time high.

BTW, the NDX is at a new high for the entire 'bull' market in here.

Or I should say for the entire 'bullsh#%' market.

The Cable is likely to hit 1.5370 range, I guess.

Well, I was hoping they'd push it up a little more, but that's fine. Overall, it was a wild day with incredible swings. If only we could have action like this every day... What an amazing week. I hope it keeps up. I love action.