None of the 2 recent big bearish ABCDs made it to 1.272 of it and now bears may have to pay for it. Any move above Friday's high should confirm this:

3D sends it up hard, with that little TD 'W2', right to a key .382. Now we see. What a spot to crush it from.

Stretched it to the .447, and reacted. Now we see. It's probably sold out, but in case it isn't and has another leg, this is where I'm watching.

We had a nice 3D with a spike line at HOD but a Kane ABCD set up against it at LOD:

Great post, jarek. That 3D may be the pattern to start the big bearish ABCD going down, and this pattern here may be the one to launch the violation. So, we have things to watch. This also had an awesome trigger off the 3D (don't post this, though, please) for the big pattern. So, if the big pattern is to play out, it really set up nice for it. Now we see. I'm alert to a bounce that sets up a 'W2' out of this, too. It should be fun in here.

Watch this little bullish DT ABCD here at a .447 for big clues on the immediate intentions.

Based on the .447 off the high and some other things, this is a great place for this to roll down, but 'W2's' usually go a lot deeper, so perhaps it wants to do a bigger shakeout. We'll see.

Watch 11 and 15 next.

Originally posted by jimkane

... I'm alert to a bounce that sets up a 'W2' out of this, too...

We have first candidate:

Yes, that's where my '11' comes from (1.000 ABCD at 10.75). It sure 'saw' it, but it looks ready to explode up, so we'll see. After a little bounce here it should really drop if that pattern is having any influence.

That's a lot better. Now watch the little bullish potential ABCD here for clues.

C'mon, you oinker, DROP!

Very weak after cash finish, one point from the RTH LOD. This gives some promise for that potential bearish ABCD, especially coming into the usually weak triple witch June OpEx week after time period. I can't wait for next week and maybe some real action. Today was a real dud. Ho-hum, yawn, zzzzzzzzzzz, I need to go outside and do some work and wake up. See ya Sunday night.