The geometry in ES is also there:




The question is: will it reverse right here to give the Wave 3 callers some more hope or will it accelerate to the upside to deprive them of it straight away?

Backtesting the breakdown TL right here.

If this little bearish ABCD will overcome the whole big pattern - we will know for sure who's in charge right now:

A key line making an x marks the spot with that TL, right at a .382, and down it goes with vigor. Got to love it.

Posted my comment before your chart hit. Yeah, that's the lines and setup. Go back one more swing for the .382.

Haven't put this .382 to the tick on my previous chart:

think of it as a game... a game of skill....a game in many dimensions....on the spy plane , medianline traders saw price trade to where it SHOULD run out of energy... but the .886 was nowhere to be found... but it was there... buried in anothere dimension of the market....IWM.. TNA.... the computers signaled their intent... but what was with that spike in AAPL on the open? it was NECESSARY to set up the . 886 on gap on 5 in QLD.... for the computers to signal to each other their confirmation of what they yapped about friday...i do agree with jim.....someday this'' playing the game'' will suddenly spiral out of control.....but for now... it's a job.....

Nice work, roofer. Too bad you don't want me to vote you up...

Well, no takers on the GG. Too bad, I think that was worth seeing for everyone. Sometimes I get a little discouraged...

Don't be a'feared. But I'm a'feared this will start right back up at 1100 here, and any hope for a short run will be crushed.

Bulls clearly have problem with this bearish ABCD:

Levels I am watching next: 97, and 95.

Plus 9.50 now. Not too bad.