Kickin' it off.

And there goes a tiny reaction. Let's see how it unfolds.

I think some dumping has begun?

Now we see if that was just a sweep (highly likely), or the start of a real move (highly unlikely).

I now expect an explosive move up.

The ES looks free now to set a new high for the move.

For now let's say 1990-2000. Assuming it 'breaks out' here and doesn't just roll down again.

Crude is just nuts on the 1-min. Holy cow.

I'm wondering if it will break to the upside once it hits that 1990-2000 area?

spx 60 arriving at a most interesting area (shown in blue box) where:

2081 – 1810 = .618 at 1978
1947 – 1810 = 1.27 at 1984

Upper // at 2080ish next?

Originally posted by rat89

spx 60 arriving at a most interesting area (shown in blue box) where:

2081 – 1810 = .618 at 1978
1947 – 1810 = 1.27 at 1984

Click image for original size

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.