It Helps to Talk About It

I can't believe 1289.25 is the top.  Perhaps if it had stuffed the upper line there, then I could.  It stopped short though, so why think for it to go much higher in the end...  Not sure of this, but for now I expect the upper line there to be stuffed, but where first to bottom...

So zoom in some, just a piece.  I see the bold lines as support.  The upper one was not actually touched this morning.  3 scenarios are present right:  1) To bottom on the upper bold line (1206-) would be more bullish to me; I am prepared to buy there.  2) To bottom on the lower bold line (1180+) wouldn't be so bullish, but I expect it would bounce.  3) To lose the lower bold line brings much lower views.  I think we are putting in a high right here (1226.75) for overnight (confidence like 50/50 on that though), but I rather to see the interaction with sub-1205 for the right long entry.

cross-currents

I woke up disappointed this morning that it had run straight down to and through 1234 already... Hopefully that is not the same type of thing with 1205 when I get up tomorrow.