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.

is this what roofer was referring to last night?

across my traders there were a stack of lightning trades bullish. holding my nose long on the .886 on gap in qqqq... stop now be

q's median line not hit on gap set, even after it was respected at the retest low at 5677.....price turned down abcd at .618 and hit everything at the low...oof....you have to think faster than I do to trade this one

now we have sell in sso

what is strange... is the expections for this pattern have BEEN MET

ES acting like it wants up now.

GOLD.....

Very interesting trap there. They rush it up and over a key TL, make it look so strong even I believe them, and snap reverse it in a flash. Still playing games in the coil...

yes, thanks jim

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