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JI
jimkane
Rep: 3,058
Posts: 33,089
Kickin' it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
But I think the odds favor a resumption of the uptrend in here. The bottom of this area is at 81. It has fully hit and tested the upper end in here.
JI
jimkane
Rep: 3,058
Posts: 33,089
It does look ready to move up.
RA
rat89
Rep: 0
Posts: 7,015
update:

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screen shot 2016 03 04 at 10 21 24 am png
JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, rat, it all just has that upside breakout look.
JI
jimkane
Rep: 3,058
Posts: 33,089
That ES long is looking suh-weet now.
JI
jimkane
Rep: 3,058
Posts: 33,089
The area I am expecting they want (for this push) is just over that jobs report high at 2002.25.
JI
jimkane
Rep: 3,058
Posts: 33,089
Just waiting around for 2003, and then see if it 'breaks out to the upside' or not. And yes, this 97.75 has a small chance of being an issue for it.
JI
jimkane
Rep: 3,058
Posts: 33,089
It looks poised now for the final burst to the 2003 area.
JI
jimkane
Rep: 3,058
Posts: 33,089
There is a worldwide massive move into equities right now. Just look at the various indices, or the ETFs for them. It's quite profound what is happening.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, ES back over 2000. Watch how it acts when it takes out the high, and hits into that stiff potential resistance area just above.
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.