For Globex. Use minute single or 2 bar projections for added accuracy.
Though the deadly called for 896.75, Use the recent swings to determine the projection accuracy.
Click image for original size
VO
VOwater
Rep: 133
Posts: 4,121
0
(Edited )
Click image for original size
LO
lordalfa
Rep: 140
Posts: 264
0
Exceeded. 88.6% retracement by 1 tick.
Click image for original size
LO
lordalfa
Rep: 140
Posts: 264
0
Another chart.
Notice the lines of support/resistance off the initial ABC levels?
Now that we have completed the retrace, we will see that 835 - 845 level. Minimally I believe the 845 level.
Click image for original size
VO
VOwater
Rep: 133
Posts: 4,121
0
IF we made a intermediate top yesterday (thats what it appears), then the count will be a 1 and 2 instead of an A and B. This is important. It means that we will be in our 3's, which also means we gonna get our 38.2 or 50. Test time for bulls?