ES is shaping up nicely for my new scenario, especially with the smallest Schiff set respected very well so far:



However the W4 triangle on the main index could have already been completed on Friday and in such case the usual Sunday/Monday procedure should take place from the start of trading.

Originally posted by rat89

my eye is on the q's, which seem weak...

The reaction to this bearish KZ ABCD should tell us the story there:

Bears last stand in ES - standard bearish .886 ABCD at TL:

... denied with a vengeance. At this time it looks like they want to resolve the triangle to the upside (which change is that already). They may always come back later and resolve it to the downside once and for all.

Originally posted by jarek

Looks like bulls in Crude may have deserted before the main battle has even begun!...

Are they coming back to the battlefield?

I'm still watching AAPL and would like to see how it reacts to such setup:

So they are playing it in ES like it was W3 off the last bullish ABCD:



But I still have serious concerns if this is also a big W3 of the move off this bigger ABCD before

was looking the wrong way......was this the game?

uco pullback right to .447.....is this really the end of the bull move?

eric.. are you sure you are not joed under another name?

yes, thanks jim

Originally posted by jimkane
Hopefully at least this leaves you with some understanding of my reasons.