Here is a close up look at my longer term ES chart with a natural set added, showing one more time the importance of the Friday low:




Failure to keep it would most probably mean that a larger corrective move off that upper MLs has already started:

Here is the chart:

Sure doesn't like that area, huh? And, is this a bullish flat ABCD here?

Very nice Kane ABCD sell completing at the close yesterday. I just reread "Kane Trading on: Trading ABCD Patterns" & found it be very refreshing. There was a lot of material there that I thought I knew, but didn't really know. I need to do these rereads of the Kane books more often. There is a LOT of material in the Kan Trading books. Kane Trading rocks!

Al Kamego

CAREFUL!!!!!HERE

o it could be nothing and those.886 on gaps were a joy to hit this morning on the bullish side.... but this interests me...

r,

Thanks for the "heads up."

Very nice "0.886 on a gap" and Simple Line confluence.

Al Kamego

So, I would expect crude will take out that high at 83.95 soon, probably today. That would be an 18-month high and significant breakout for what I expect is going to be another crushing crude manipulated run up.

Hmmm, acting like they want to dump this. Even CL now looks like it is out of gas.

This has the look that it could dump really, really hard in here. Those bots better get on the stick or they'll lose control of this...

Watch 66 for a reaction here, for a first clue. This thing is incredibly precarious right here, though...

Another potential ABCD:





... although with 3 legs in the CD leg