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    jarek
    Rep: 94
    Posts: 3,474
    1
    I wonder what are the chances that our "locomotive" will stop all of a sudden just here:

    Click image for original size


    If it reaches this upper ML it will not only retrace the whole 2008 debacle, but also should get to this downsloping parallel on the monthly chart, which marked the 2007 top:


    Click image for original size


    I simply don't see any meaningful targets in between...
    JA
    jarek
    Rep: 94
    Posts: 3,474
    2
    (Edited )
    It did (even twice) and yet it was not able to take out the Globex high with this approach:


    Click image for original size


    Maybe next time...
    JA
    jarek
    Rep: 94
    Posts: 3,474
    2
    (Edited )
    Originally posted by jarek

    ...it was not able to take out the Globex high with this approach:

    Maybe next time...


    What a surprise!!!!! The next time comes off ... a bigger .447 at geometry:


    Click image for original size


    Consistence of this number in recent days is just awesome
    JA
    jarek
    Rep: 94
    Posts: 3,474
    2
    And here comes the highest ES value since June 2008. It is that strong
    JA
    jarek
    Rep: 94
    Posts: 3,474
    2
    Originally posted by jarek

    ...Crude bulls. Now they're fighting for life...


    That often trigger hidden energy reserves:


    Click image for original size
    JA
    jarek
    Rep: 94
    Posts: 3,474
    1
    (Edited )
    So all we got at 1.618 of our big ABCD in ES was ... a small bullish ABCD at TL:


    Click image for original size



    Looks like it wants higher and maybe much higher...
    JA
    jarek
    Rep: 94
    Posts: 3,474
    1
    Was this another .447 at geometry or what ?!?!


    Click image for original size
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    1
    Jarek, I think you are doing fantastic. You are documenting all the things the KT methodology is finding. They are basically what I'd post if I wanted to show most everything I was seeing. I think, for those wanting to see the methodology in a thorough manner, you are a great asset to the forum. I'm expecting some new people in here soon, and they surely will appreciate all the detail. So, I say, if you are able to do it and enjoy it, please keep posting.

    Originally posted by jarek

    I'm starting to think if I'm not posting too many intraday charts. If this is becoming annoying for somebody - just let me know
    JA
    jarek
    Rep: 94
    Posts: 3,474
    0
    (Edited )
    Thank you for your kind words Jim! I feel honored
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    Just waiting on another new high off this last setup. Too easy, when one already knows which way it is going to move. It's almost like 'insider trading'.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    1
    (Edited )
    And yes, I say that tongue in cheek, as this fourth try at this level could always induce a small crush at any second. They still love to trap 'em and play games, and bring it in a bit, and so on. So, I use caution at all times.
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    1
    So, I heard that move up today in cotton took out the 150-year civil war high, and set an all-time high. Wow.