a cheery view of spx to start it off:

And current level, 1.5135 is also a nice resistance zone.

So, does this just coil up against the key area (which has been 'tested' repeatedly and then some) for the rest of the session, or do they pop it up and over in the last hour? Or play that type of game in the less liquid trading upcoming over the next few light holiday trading days? I'm suspecting the last hour here may give us something, and I'm ready for it.

Yeah, this is as boring as all get out, but there might still be a payday for being patient. Maybe not, but it's not off the table yet.

1.0568 on that pig-f#&%in'POSEuro at the low. Still hasn't decisively broken that 30+ year TL, yet.

ES weakened again. It's just oscillating. It could blast off into the close, but at this point, I'm losing any hope all this waiting will pay off at all...

I wonder if the failure up may mean a swoosh down into the close?

Okay, I guess a sweep down is the plan. I would have thought a sweep up. Hmmmm.

Okay, they got all the lows at that level.

they are eating up time

Unless I'm seeing it incorrectly, here's a note on the 'retail' trading crowd. Keep in mind, we are less than a good one day burst from new all-time highs. This market is several months away from being the second longest running 'bull' in history. We should be seeing endless TV commercials about teenagers buying their own helicopters and farmers buying $50 million dollar mansions and private islands, just like in 1999/2000. Instead, where's retail?

Anyway, the anecdote: MyPivots, a monstrously famous and popular website, has had zero posts outside the KT private area for the entire month on November, a month I consider the trading to be 'as good as it gets', and 'as much as I could ever dare ask for' as far as trading action. What does that say about the depth of the market action, and what is going to happen when 'they', for whatever reason, turn the machines off, or can't turn them on for some reason? We all know the answer to that one...

wow. amazing.

Originally posted by jimkane


Anyway, the anecdote: MyPivots, a monstrously famous and popular website, has had zero posts outside the KT private area for the entire month on November, a month I consider the trading to be 'as good as it gets', and 'as much as I could ever dare ask for' as far as trading action. What does that say about the depth of the market action, and what is going to happen when 'they', for whatever reason, turn the machines off, or can't turn them on for some reason? We all know the answer to that one...