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a close on or near the lo will put up a bear tail on the daily.....10/15 min H&S says down......put price action is telling me they`ll take it to 80 for a retest.

30 min coast 2 coast move complete as well.....expecting a walk up to the hi end of the range over a day or 2. 67.50 = 50% ...should provide an inflection point & reaction.

that`s usually when they flip it. :)

it`s amazing how many people do NOT know this & i have to laugh when someone refutes this fact. our founding fathers are rolling in their graves given the calamity of our monetary system & our constitutional rights being stripped as americans....everything these great & i mean great men of...

nice job busch.....thanks mdt.

did i read that right Spec? 13 handle stop?

bulls need to hold 66 in order to prevent the coast to coast move to 60 zone....

it was actually the 40% from hod/lod....was also double confirm with kelt channel mid/upper range. that 66.25 was a nice conservative buy zone as well....50% & ma set up...nice job mmt. hit on trailer well within the noise but at even. waiting for this pic to unfold a bit...

that 50% fib was a cover 1/2 66.75.....1/2 stop trail at 70.50

we`ll se if the can take it coast to coast....rentered small at the 71....or 40% level with tight trailer above my kelts bands coast to coast is TL to TL.....

we could trade down to 60 here & still maintain the higher lo uptrend located in the 15 min wedge....i see the dow making a run at the 350/400 level & a possible target..

with the ponzi scheme in full gear...the fed pumpin presidents,the bulls have commenced their bloated pig dance thanks to the "anticipation" of a big juicy cut.they could take it to 1500/1508 as long as the printing/pumping continues. the overnight hi is 83.75....so why not?....if they fall...

my sells that were moved up to the 80 zone for the gap, were covered here @ 75.25.....on the 5`s....looking for a retest of 83/85.

LOL....you serious? this is all about the fed..liquidity injections,discount cut & anticipated fed funds cut.the fed is always there to bail out the greedy & financially undisciplined at tax payers expense.

71.50 tic hi......& 20d to the tic as well.

you could smell that one coming from a mile away......that was a filthy move over the daily TL.....trying to crush the bears over 80,should be interesting am session tomorrow.:)

market is looking like it has gap like tendencies fo tomorrow to the upside......i`m cancelling my sells & am looking for 80 as a reaction point.....that will be the line in the sand.....intermediate term for me.

there very well could be & that`s why i`m trading the short side evenhtough the current trend seems to be up. key dates i`ll be trading around & up to are: 8/28 fomc minutes 9/5 beige book 9/18 policy statement feds in a tight spot & trying to create the hope of a cut out of thin...

back after being out all day...seems the 5 point increments are where it`s at on our walk up to 80 +....my 59.75 & 64.75 sells today were covered at 55.25 & 56.25 as i`ll await more to higher prices.....nice ebb/flow for bulls & bears here & there is plenty of time for their walk up to fomc as i...