Starting it off.

Okay, looks like we have something going on. If they don't come in here, this thing is, in my opinion, likely toast.

The bearish ABCD with the higher timeframe TL violation was a nice setup, that's for sure.

So far today we have the crew of two (rat and Marcin), me, and one other follower who is among 3-4 that have been following along fairly regularly lately. So, I am not going to feel too badly about not posting much.

I am expecting this long to keep grinding up. 'They' came in right at the critical point, as they usually do, as I expected they would. And yes, I am going to watch at this bearish ABCD here, in case.

It respected that bearish ABCD before, but it's went nowhere. I have a couple of sets and it's just bouncing from node to node. Same old for four weeks now.

Just look at those charts...

http://www.zerohedge.com/news/2016-04-11/obama-reveals-what-he-will-discuss-janet-yellen

seems as though the indexes are sitting in a key area

I think the bias for the remainder of the session is up, with wild, chopping swings. If it gets a bid, though, it may trend, but I think the odds of that are very low.

Woo-hoo. Worst. Read. Ever.

Originally posted by jimkane

I think the bias for the remainder of the session is up, with wild, chopping swings. If it gets a bid, though, it may trend, but I think the odds of that are very low.

And I made that read almost to the minute when it peaked.

You're welcome. I hope you can follow at least some of it. I know it's tough at first.

Originally posted by JaLee

Thanks Jim. I'm glad it's the weekend so I can study this and review your previous comments. Have a nice weekend. No golfing...(it's not relaxing, just a good walk spoiled as they say!)