Starting it off.

Got it.

Originally posted by jimkane

So, what does the standard methodology say on all this ('The Player' notwithstanding). Okay, we all saw the long setup on the open there. So, still long on a partial. No short yet because there has been no confirmation yet as the area is hit. Average skilled traders will likely not try anything short here, or only as a possible second entry once it gets going, and only if a change of character is obviously perceived. The highly skilled nimble trader I always talk about may try a short with the first confirmation. Timing factor is saying this is close. It may not happen, though. That's what entry confirmation is for.

'The Player' told me he just added another 100,000. That guy is nuts.

I'm thinking this is going to be the first time 'The Player' has had to cover a play. We'll see.

Super-fine trigger just went off.

spy counts
210.92 - 207.54 = .618 at 209.63
209.81 - 208.19 = .886 at 209.63

92.75. It acts like it will never stop going up. Deep into the area now. Made it all back. 93.75 is the actual starting point I believe.

That Player just looks calm, sipping on his Dos Eques. I think he's crazy.

Now there's a dilemma here. I can't imagine them not wanting to sweep that high at 94.25, but doing so changes the dynamics substantially. If it is to roll over in here, it really needs to do it in here. It does not look like it plans to.

93.50 now. Talk about pushing hard into an area, pushing it to the max. I guess if it is not going to show any respect here then this is just normal rising behavior. So, it's either the deepest, hardest push on an area I have seen in awhile, or it has zero respect. I'm thinking right now 60/40 in favor of no respect.

Interesting that they pushed this just over the downsloping higher timeframe TL. Have we seen that before?

And here's the new topic. Everyone please go there and vote that up (if you think it is good). Also, I added a post to the above one thread, so make sure even if you voted before you go and vote up that one. I know there are more people reading this than four, so please, everyone, help me out. I need to make sure that they don't seem vulnerable to down voting and we get the positive vibes going. Thanks.

http://www.mypivots.com/board/topic/8616/-1/charts-from-4-29-16