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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.
JA
jarek
Rep: 94
Posts: 3,474
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.
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.
JA
jarek
Rep: 94
Posts: 3,474
The number of games they played today in ES is just enormous. I won't even try to label it at this stage. However I'm still bearish on it
JI
jimkane
Rep: 3,058
Posts: 33,089
It's an amazing coil/triangle. Look at even the SPY on a 60-min, for example. Just unreal. Every last trader on the planet now sees this. I'd expect a double/triple fake out.
JA
jarek
Rep: 94
Posts: 3,474
The lines I'm watching remain the same though:
They'll have to resolve this triangle soon
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They'll have to resolve this triangle soon
JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, but without chart...
Originally posted by jarek
You were whole 6 sec faster this time Jim!
RA
rat89
Rep: 0
Posts: 7,015
finally, I see what was going on here....adjusted a couple of sets here.....continuation sell signal at blue circle
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JI
jimkane
Rep: 3,058
Posts: 33,089
The 'plunging' (on the 1-min) stops dead at the line. No matter if it go up or down, it always amazes me when this happens.
