Starting it off.

Global stock rally.

And they're off!

Anyway, for me, buying the little dip on the 1-min there was the only possible play, in my view. Whether it continues to follow through from here and set the new high for the entire move, we shall see. My biggest concern is will that draw a reaction as they sweep those stops.

One more point to the old high for the entire move.

That was a nice shakeout. It should be free to set the new high for the entire move now.

This area here is a powerful backtest area, but I'm just not seeing much downside. Maybe a little here and there, but I'm just not seeing it. Maybe that just means I'll be blindsided when it does sell.

What I do see is the lower 90's, with a shorter-term area in the lower 80's. But the sharp rejection, again, at this key backtest area has greatly increased my belief that sellers could come in. It does look like something big is about to happen, one way or the other.

Crude sure did go nuts on that report.

Who was it, Jerry Lee Lewis? A whole lotta shakin' goin' on.

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!)