Charts 8-22: Up we go

We found support on the pink wedge boundary for 4 of this final C of 5.  Tomorrow looks like a gap up, then we'll see.  It would be nice to reach 1430-1435 tomorrow, to set us up for a final top Friday.  The moves up since the low today should count as 3 waves, a, b, and a 5-wave C.  Maybe the slop off the bottom today is our a/b, who knows.

We sure wasted the New Moon last week, but Spiral Dates seems to think that this Friday is interesting.

I asked my wife if I could sign the girls up for Krav Maga classes, their birthright.  She was not amused.

One more touch for the ending-diagonal

Charts 8-21: Not yet

I've got us in (probably a of) 4 of 5 of C, looking for a touch of the pink TL tomorrow and a sharp rally into EOW.

Two more touches ...

Charts 8-20: Leg to 1440

The daily and weekly Bollingers are heading up, and if we're going to touch the top weekly, we will follow it up.  We've been tracking on an orange trendline I drew earlier, and if we lose it, we still have the pink trendline that forms the lower edge of the wedge.

From there we still have a shot at 1440.  The top pink TL of the wedge is right at 1440 at close Friday.

I think I'll short the SPY and go camping with my girls in Olympic National Park.

Finish up the E-D-T

ABC wave 5 - also points 10-23 of 3PDH

Big picture shows the blue channel

Charts 8-18: 1430 mid-day Monday?

The upper Bollinger bands on both the daily and weekly SPX are right at 1430.  The top line of the pink ending-diagonal-triangle bearish wedge I've been tracking hits 1430 just after 2:00 pm EDT tomorrow.  First target on my count is the 1355-1356 area, suggested by the 3 Peaks and a Domed House mega-pattern.

An intraday reversal and sharp selloff also removes the pesky problem of leaving a big steaming GAP up here on the chart.

Hot intraday reversal action?

I took my 4 y-o on her first backpacking overnight this weekend, up the Graves Creek trail in Olympic National Park.  I had hiked this trail several times before, up to Six Ridge Pass and points beyond, and it just had not registered with me just how crazy exposed it is -- it contours above the deep box canyon of Graves Creek.  Despite the steep mountainsides and a few hairy scree-filled gully crossings (one of which required some dicey scrambling), she hiked with a ton of heart and made it the 4 miles in to the campsite at the ford at the junction with Success Creek.  

This is a secondary park trail; on an August weekend with a full lot at the trailhead, we saw nobody and were alone in this corner of the backcountry.  Everyone is bound for Enchanted Valley.  We had a great time and my new hiker impressed the hell out of me with her grit and determination.  

Alone in the wilderness

We celebrated with burgers and smoothies at the McDonald's in Aberdeen, which really looks like hell these days.