No registration required! (Why?)

Candle Pattern


ES 15min. @ 8:30 bear harami / 9:15 bear engulf / if we
close above could be a further move up
bullish separating line @ 5min. candles 8:25/8:30 ET

the larger the time frame the bigger the move is likely to be
the separating line @ 8:30 et gave a hint the move
in its direction should continue.

The 5min. pattern
should not yield as much of a move as a 15min or 30
min. pattern ect.
after seeing the bull separating line my thought process
was to be long @ the open as this pattern is a continuation
pattern.

T1 from my key projection # was hit @ 1110.50 in the o/n
session... T2 @ 1113.00 had not been hit so I was looking
for that to be a strong # as it was also a rat
correction T2 had been hit I was looking for a DT
from the prior hit in the o/n session

in to big of a hurry
Originally posted by redsixspeed

I cal. longer term fib areas using four different sets of #s.
Those #s gave the following 50% fib retrace #s:

1126.25 / 1125.25 / 1121.37 / 1119.00

1119.00 is the boss imo.


======================================================================
dang !! we back here again
We've been in the above area for awhile..It's like a spring
wound up getting ready to release... as I type we are @ that
1119.00 area again.
for the rally or the decline REd???
Originally posted by redsixspeed

We've been in the above area for awhile..It's like a spring
wound up getting ready to release... as I type we are @ that
1119.00 area again.
hey Bruce

The 3mo. daily DisparityIndex is bearish to me. So I'am
looking for downside..BUT ! Fridays # could change it.
That # may be what releases the spring
Originally posted by redsixspeed

We've been in the above area for awhile..It's like a spring
wound up getting ready to release... as I type we are @ that
1119.00 area again.


=====================================================================

We've taken out all those #s...missed 1126.25 but another separate
projection of 1126.50 confirms that area so we may get it yet.

Above 1119.00 area I'am bullish / DisparityIndex I'am bearish
These projections ^^ are 8 mos. old. The market has a memory
like an elephant..all have been hit...
I don't trade with MAs ... but recently I started looking at them .. I have set up a quad chart with different time frame of MAs .. Today at 11:30am et. all four MAs came together and in fact price hit them about the same time .. I just got started with this so I'll post what I see from time to time .. looks good so far .. My intent is to use them as a confirming tool not a primary ...