Here is the updated medium term chart in ES:




Lack of at least a bounce here following Friday's bullish 3D right into such an area would indicate that something more serious to the downside might be brewing here. Breaking the rising TL from August low (thick blue line) would only confirm this.

I really kick myself for not posting this 'real-time'. I was working with a student and I got a trigger on a setup at 63.50, and I mentioned it to him, telling him to mark it down and go study it later and see what happens. It has hit 74 so far, and as the old saying goes 'no let up in the rising tendency'. It doesn't get any sweeter than that for GLOBEX, in my opinion. Wish I would have posted it as it happened...

thx for post jim much appreciated

So ES found support exactly at this rising TL from August for a possible bullish EXP ABCD:

First important hurdle on the way up - bearish KZ ABCD - was just taken out:

In case of Gold it was just to the main line so far:

... in Silver as well:

Crude as well, but it's regaining strength after correcting to .447:

Although with 3-legged CD leg this is also an important bearish 1.000 ABCD at major line:

INTRADAY PLAYS...HAVING THE PATIENCE TO WAIT FOR THE HIGHEST PROBABILITY SETUPS DETERMINES MY BOTTOM LINE.

I can't refrain myself from quoting here a fragment of famous Polish poem for children - "The Locomotive" by Julian Tuwim:

"...

First a toot!
Then a hoot!
Steam is churning,
Wheels are turning!

More slowly - than turtles - with freight - on their - backs,
The drowsy - steam engine - sets off - down the tracks.
She chugs and she tugs at her wagons with strain,
As wheel after wheel slowly turns on the train.
She doubles her effort and quickens her pace,
And rambles and scrambles to keep up the race.

Oh whither, oh whither? go forward at will,
And chug along over the bridge, up the hill,
Through mountains and tunnels and meadows and woods,
Now hurry, now hurry, deliver your goods.

Keep up your tempo, now push along, push along,
Chug along, tug along, tug along, chug along
Lightly and sprightly she carries her freight
Like a ping-pong ball bouncing without any weight,
Not heavy equipment exhausted to death,
But a little tin toy, just a light puff of breath.

..."

Have a great weekend all!