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?

Yes, jarek. And just as I got that last comment posted it exploded through that key area. It can still 'W2' in here elsewhere and that bigger ABCD still play out, but given its shallow C point retracement, I suspect it won't hold. So, my play has been long side bias since that 95 area and reaction, and if it starts back down, look at short side bias again. But, I rather suspect I'll be long side until close.

I still think bears have chances here until this point is cleared:

I'm showing a little caution at this 1101 area, in case, but once it overcomes that, my first real area of concern is 1105. Too bad if this great ABCD gets blown out by the manipulation ramper 'context'.

Too funny. I posted my last comment, only to see your chart after I posted it, again. Yes, that's a good chunk of why 1101 is a concern for me.

Man, crew, is jarek all over this stuff, or what?

Originally posted by jimkane

Man, crew, is jarek all over this stuff, or what?

Consumer credit report in 5 mins.

Okay, it's acting ready to explode. I'm just going to come back at 16:14:59. Market on close today, I think.

Before I leave, though, I will watch very closely here at the key area, with this last thrusting 3-4-5 look to this, just in case. I doubt it, but you never know...

Bears hanging on the ropes, but still fighting:

Plus 9.50 now. Not too bad.