ES discussion for Tuesday 7/28/09

Welcome to the Jim Show.

Critical point here to decide if they can't hold the LOD, or if this is just more rolling chop.

Pretty cool, huh?

Okay, it just moved from pretty cool to way cool.

It was an ABCD to the tick, too.

Keeping an eye on 84-89 if this big TD plays out. Of course it has to get past this smaller ABCD here first.

Jim what was ABCD to the tick? What time did it end?

13:06-07, best seen on the 1-min. Now we sit at a bearish ABCD at 972, which it saw, but which will likely blow out any second now and show itself to be a W3.

Boy, it sure 'sees' that bearish ABCD.

Let's see if we get the exact, obligatory check back off it, and then they come in on cue at the exact expected spot, and explode it up, like they have been wont to do lately.

thank you JIm .. I thought so but watching 1 min chart for ABCD's give me 'to many' choices :)

I agree with m. Great commentary.

Al Kamego