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:

shorted... not published ....if line does not hold... could n

Okay, is that the reversal point???

Or just another silly drone bot bounce? Last day of the quarter and all...

Okay, it's all over for today, all over for the quarter, but look at this 1.272 3-4-5 sequence into a lower // (which is also a nice spike line), and the reaction to that. Now what as it hits the TD area? I guess who cares, it's over for today, and holiday trading tomorrow.

Now at an EXP area, but I suspect it will like this support area here, and tomorrow may be a big up day on less than no volume. I can't imagine they won't want to take an opportunity like that to run the market. We'll see.

it was nice of them to ring the bell at the top with some of the simplest tools we have... to give us the probability set so that we could set our stops close... but to also give us the retest to gun for bigger line....

Nice pictorial representation of most of the thoughts I have laid out as this unfolded. Too bad you are the only one to post charts. I lay out the hints, but get no follow up... :-(

Kane Flat/4 PCP in crude. Kane Standard ABCD in ES.


Al Kamego

Two Kane 4 PCPs, red completing at 0.486 Fibo Retrace, blue completing at 0.618 Fibo Retrace. Wow, price really powered thru that confluence of upper ML //, Simple Line, & 0.886 & 1.128 Fibo Retraces.

Al Kamego

The rise stalled exactly at 1.272 of the recent ABCD with 4PT in the BC leg. There was also a spike line there. Bulls are still in charge but they have to prove it here against this looming double top.

Another potential ABCD:





... although with 3 legs in the CD leg