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JI
jimkane
Rep: 3,058
Posts: 33,089
Kickin' it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
If you account for the two minutes the posting time is off by, I posted that at the exactly low point of that pullback. At least I can time those countertrend moves quite well, I think.
JI
jimkane
Rep: 3,058
Posts: 33,089
This should keep rising in here, I think, so the 80's to 90ish shouldn't be any issue I can see coming up soon. Maybe they let it drift, come in for better prices, but they may just keep it going. Just a little more and they have up 60 from the low.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, give me at least 80 and 60 points off the low into the futures close...
JI
jimkane
Rep: 3,058
Posts: 33,089
Nope, 78.50 is it for the RTH, but at least it was a new high for the entire move, again.
JI
jimkane
Rep: 3,058
Posts: 33,089
Time for the ES to explode upwards? One thing I know to be a 100% positive fact, that global growth line ain't movin' up any time soon...

http://www.zerohedge.com/news/2016-03-01/spot-end-monetary-policy-effectiveness
JI
jimkane
Rep: 3,058
Posts: 33,089
79.75 and still rising. Let's the 80's begin. 1.272 ext ret is at 1981.81. layers go up to about 1995.
JI
jimkane
Rep: 3,058
Posts: 33,089
81.75. I wonder if we are going to have a big up day tomorrow? Well over 60 and it's still not happy. Up about 180 since the 'bear ended'. Hmmmm. Anyway, I'm anxious to see how it handles this area now that it's basically starting into it.
JI
jimkane
Rep: 3,058
Posts: 33,089
84.50 on a big (for the overnight) volume spike. Look at that 1-min bar!
JI
jimkane
Rep: 3,058
Posts: 33,089
If it handles this upcoming area then, as I posted way back, the next big area is in the 2030's-40's. I think it is fully expecting that area with no resistance of any kind.
MA
MarcinO
Rep: 67
Posts: 5,506
Cable might be done here.

Click image for original size
6b 2016 03 02 png
JI
jimkane
Rep: 3,058
Posts: 33,089
Well, that was a great trading week in my opinion. It was a lot different posting during the RTH, that's for sure. I remember now, for the umpteenth time, why I don't do it, especially in the first two hours. I still can't stop myself from over-posting like I was running a live chat service. But, for now, I plan to try and do some more of it next week. Hopefully, I'll be able to temper it a little, but probably not.