Grob106 - All my hats are off to you! "T'was brillig, and the slithy toves did gyre and gymbal on the wave!" Neo-vintage ante-post-modern Jack! Bravo! - Mike
SPX is down. Is it because (as the news headlines claim): Existing Home Sales Post Unexpected Gains, or Stocks Slip on Housing, Unemployment Data, or Oil Prices Rise Above $63 a Barrel ? Nah ... A downtrend point 3 just formed No kidding.
I am still expecting to see one more rally attempt... maybe not today though... it's going to be a "holy crap" event.
The present moment is all there is. That is where I want to be. There is tremendous freedom in trading the hard right third of a five minute chart.
I'm totally with you man -- but what works on the 5 works on all fractals -- and I see a rally attempt in the works on the 30...