Okay, folks, we need to get organized. Let's drop the old topic for the ES 4-Point CP and start a new topic each day for ES discussion (and we can discuss TF or whatever in the same topic). This way, if we want to go back and look at postings for a given day it will be easy to find, and we won't have a topic with a zillion pages on it. If no one wants to post on a given day, fine. But we'll have a topic if anyone wants to. Sound good? Here's our start for Monday, and I'll try to start a new one before each day. If I forget, feel free to start one, but use the same title format as I used here, please.

I wish we had more time to let this run. I wonder if they can close the gap and go positive before they close it.

"I tell ya the name of the game, Boy, they call it riding the gravy train..."

Pink Floyd

.618 at division line of downsloping set.

now, that DTabcd look like a good trade...too bad i missed it. I had to try the lower time frames setups but it was rough ride and late in the day.So im done for today.
T
PS: J, re to ur email sent.

This is set up mega-cool for tomorrow. Those who mentor with me should recognize something interesting about the price action into that area. Hint: it is a climax signature I have shown you.

Now, understand that may only be a very short-term climax, and that this little checkback may be it, for several reasons. First, this is all coming off a really nice 15-min area from the LOD, in a steady daily uptrend, so this may have lots of room to run to that 1.272 or higher, into the next areas, as discussed in my last monthly commentary this past weekend.

Next, if this was a 'wave 2' rollover area, it will be happening without ABCD structure. That's a tough bet for me. It was heavily overlapping grinding swings with a climax signature, and that's a plus, but it is unstructured. So, it will be cool to watch, but I wouldn't be a bit surprised to see it gap up and run tomorrow.

The big players bought this relentlessly off the lows today, and closed it with their biggest position for the day, so don't count on this area holding. We'll see, but I expect the futures may be up later, as Asia tacks on its usual 3%-5% a day it seems to like to add almost every day. Even Terry Laundry now has a call out for China to be at new bull market highs before year end, up some 300% off the lows. Wow, would that be a nice trick.

Nice chartwork, BBJ. BTW, is that some 'trendline creep' there (chart 1 and 2), or what? Normally I'd say that is ominous to say the least, but these darn robotic drone manipulation rampers are such pests...

Here was the TF setup