Another large ABCD today, this time with nice DT ABCD in the BC leg:

looks like if 38-37 doesnt hold ...22 is a possibility today..

quote:

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Originally posted by jimkane

Well, my first area to watch is right here, 60-61, and 65-66, appx.

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Okay, so it was 64, I guess that's pretty close, eh? If you think I can find the spot for an appx. 27 point run up to end better than within a point, well, you're in the wrong forum :-)

pretty close i would say..

Everyone see the 1.000 ABCD to the tick in the ES, and then down into a 1.272, and now rising? Hmmmm. Look at a 1-min, or even 3-min chart.

Precision.....now TD ABCD...here we go..

NOw 40-42 if 34 holds Jim?

Notice the small 1-min ABCD as a W2. Watch here at 40, 43-44, and 47, give or take. Then we'll see if this ABCD here is it (which would likely lead to a lot of chop, not necessarily a new LOD), or if it is impulsive now. Areas are appx, of course.

Looks ready to pop.

That weasel sure did pop. I'd watch this area here, as they like .786's and .886's in siutations like this, as we wait for the 1.272. That's not to say it won't collapse in here, only that if that's the LOD there, this is where they like to come in.

trendline creep on 1 min..down though

ok bye all..bye JIm