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.

?

magenta fib set is gap set......382 in sync on both sets....interesting

hmmmmmm

roofer....can you show the rocking chair pattern whenever you get the chance? thanks....

Rat - you will find all you need here:

http://www.mypivots.com/board/topic/2675/1/rocking-chair-charts

Originally posted by jarek

Was this hole drop an ambush for bears??

Not at all. And this knocking from below at same lower ML, which provided support earlier, doesn't bode well for Crude bulls:

EUR reacted positively to a bullish KZ 1.000 standard ABCD:



The real test comes at this downsloping TL

ES accelerated through downsloping TL resistance and is already 18 points above the after-quake low:

ty!

Originally posted by jarek

Rat - you will find all you need here:

http://www.mypivots.com/board/topic/2675/1/rocking-chair-charts

BIG DOG reacted pretty positively to this bullish ABCD at major TL:

yes, thanks jim

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