lets think through recent price action through the lense of KANE TRADERS KNOW( KEYS TO KINGDOM).... we have the advantage of knowing the importance of .886 and the .941 and the 1.06.... the computers know these numbers but the average trade does not..... IF!!!!!! we are forming large abcd patterns before price rocks higher.... then the first thrust down was large AB.... THE BC has subdivided into abcd within abcd.with the final leg to complete.... THE GEOMETRY OF EACH INDEX IS DIFFERENT......... BUT WE SHOULD BE ABLE TO FIND A TURNIG POINT COMMON TO ALL..... BASED ON THE KANE TOOLS... here is what i come up with.... the geometry of RUT says trend direction abcd.... there fore it must trade to new high at 1.06..... look for the SPX to trade to the .941 and the NDX to trade to the.886.charts

for newer kane student who have gone to their books looking for the abcd in the ndx.... it is not there.... it is a newer addition in kane work... it is acceptable geometry as marked

If these play out as outlined that would be way cool, and if they then dumped hard off those spots, I think many/most would be fool/sucked in. Very cool potential scenario, roofer.

Until this downsloping upper ML is taken out, the following scenario for NDX is still possible:



Although I agree that this major upper ML at .886 and lines confluence looks very enticing for a bigger bearish ABCD

fascinating work on making sense of the waves we're seeing.

assuming this plays out, here's how it's showing up on my charts.....this is fascinating, and I would never see this geometry without your explanation.....

Respect for a line segment on the 144 tick ES.

Al Kamego

Oops, wrong thread. My apologies to roofer.

Al Kamego