We are witnessing an almost exact duplicate of reversal like the one that started in July 1.

Even the gaps are formed the same way.

Talking about coincidence ...

ya, if we do the 1st leg up similar to that one, will take us to 1135....

Trying to get as much office work done by Tuesday.  Tuesday will be start of second half of trading year (Memorial Day to Labor Day= off-season).  I expect greater volatility, come election time.

The process itself started out pretty painful as I do not need to write lengthy documents for a long time.

It turns out to be a great experience, at least occupy my thoughts intensely from time to time instead of worrying too much of my SO.

Its daily chart is very bullish - holding previous quarter close from this last swing down.

The july high is the only strong resistance, that is 30 bucks from here.

SmilingSynic wrote:

Gaps outside the previous day's range tend to lead to trend days, either with (usually) or against the direction of the gap.

Happy to hear that Earl didn't do any damage in your neck of the woods.

One branch.  Four feet long.  In my front yard.

Just a steady rain here--that's all.

One of my faculty colleagues lives out on the beach and drove off of the islands to spend the night away in safety.  His landlord called him to tell him that a large tree had fallen on his parking space.   His car was not there, fortunately.

Gaps outside the previous day's range tend to lead to trend days, either with (usually) or against the direction of the gap.

Happy to hear that Earl didn't do any damage in your neck of the woods.

Even the gaps are formed the same way.

Talking about coincidence ...

Yesterday's take: + 3 2/3 per.

miniflowtrader wrote:

Mkt in breakout mode.

Edit: Market feels like it's in breakout mode.

EURUSD stuck at 1.28 area.

Need currencies to lead for a clue to the direction for the next few days.

Maybe stuck til tomorrow #s.

Definitely - just to clarify by breakout mode I mean price fluctuations, not a massive BO - plan today was to trade early and less.  Tomorrow is kinda a weird day, a volatile report but everyone on vacation.