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We got to test some stuff that was lost back in 2000, and momentum is only picking up on Monthly... which means every small dip will be buying opportunity... watch for bullish progression...

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BIG TIME FRAME is in control... Most people won't see this (And I almost missed it)... We may squeeze higher to new highs as I am seeing Bullish progression at a very important SG. This week we should workout the little bearish momo on smaller and intermediate TF and up we should go.

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$AIG... Was originally short this thing, but seeing bullish progression on lower TF which is where you SHOULD see it first. we are also slowing down momentum as we reach SL at 57.62. Not saying we will go there next week, but MM's maybe looking to recruit shorts right now before they squeeze this market higher. This is also known as distribution delayed. Be...

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$LULU... This is good example where you have to really keep in mind EVERY TIME frame... Big Time Frame is SHORT!!, but small-intermediate time frame says go long. They will often be the "trend setters" as larger time frames take more time to reverse trend. this is why we often see fluctuations in price during accumulation/distribution as the momentum is shifting....

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Everyone thinks that when we sell off it has to be super fast and large... In part that is typically true, but you must realize what is in control---->Larger Time Frame. Momo is still up... so no matter what it will take time for sell offs to occur. Distribution is the process of getting prepared to sell-off. Sometimes it occurs in a flat range as we have seen w/...

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Short Setup coming for $NKE to test SG on daily chart. Important to recognize the setups market is giving us. $NKE is is in distribution and you can find the more specific levels on lower time frames, but use the higher to gather the broader general levels. Remember Daily, Weekly, & Even Monthly levels are MOST IMPORTANT to guide us!

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Looking for possible test at leg start and we should take off tomorrow to test some SL

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There are more levels than this, but these are the important ones I felt necessary to identify... Larger time frame will guide you to BIG LEVELS... smaller is more detailed and specific....

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Understand the market structure, and also gauge momentum using the lowest time frames... the higher is in control, but the lower will give you insight to shorter time frame moves... Watch the UNTESTED IMPORTANT levels... they will ALWAYS get tested before continuing higher or lower... ALWAYS...

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We are definitely in distribution. Question is will they delay this distribution... Need to gauge smaller time frame to see what exactly is going on, but weekly is good to start getting some ideas of where they will take it...

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Distribution in process... target to 50-50.40ish... Should be nice 2-2.50 short over a week or so while they accumulate on way down... Bigger TF, this is very bullish as SPY, QQQ, and other strong sectors/indices...

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Looking for test of this leg start at 199.40-60 area, then possibly to make right shoulder in this distribution process...afterwards may see breakdown... watching key levels.... All of this looks like distribution, but I don't think it will be HUGE move to downside... should be opportunity for accumulation once we break below 198.70... Ultimate target is 195-196...

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Nice short opportunity coming up at 47.53 which is a SL level. Untested SG will be near term target...

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53ish is ultimate target... sell-offs are expected to be somewhat slow so they can accumulate... watch SG bounces...

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Tech's led way for most part in this market rally this summer... Especially $AAPL... but they all seem to have started bearish progression, which is when momentum slows down and allows for distribution to take over... to prepare to take market down... This is overall healthy, but important to recognize... Overall larger time frames look very bullish, so they can...

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All Leg Starts for the retracing leg up have been tested except leg segment 1(the biggest of all 4 legs). Lots of mini pops on way down.

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I see two possibilities for leg starts... 118.43, and 115.73... If the first doesn't hold, I will expect the second... Most likely both should get tagged as GLD is picking up momentum to downside... Let's see if they slow this down at all...

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$AAPL looking for classic ABC reversal with target for smack at 100.97 area, and initial target to 96.44