There is not much to add to the extensive coverage of the recent weeks here. While looking for geometry of Friday's turn on the continuous contract basis I came up with the following picture:



We have an almost ideal .382 bullish ABCD here. Thanks to Roofer's findings based on thousands of examples we know that probability of taking out the high equals in such case 87%. What's more in order to hit Jim's target zone at the line, a pretty fast move would be required... We'll see next week if we are on the right track and ... in the right train

Small 3D in the Game Zone of the last drop and the Kane Zone of the whole drop. Now we'll see:

So far, so good on this bullish ABCD in EUR:



But if this goes just for a retest on that Roofer's RTH chart, then beware EUR bulls!

Originally posted by jarek

Small 3D in the Game Zone of the last drop and the Kane Zone of the whole drop. Now we'll see:

Hmm... just to the closest Kane Zone. At least we know short term intentions:

spy 127.97 = 1.128 of small swing down.....bearish abcd to the .382 of the move off 130.30......cci 10 up with neg divergence, cci 40 below 0.....let's see

amzn went to the limit...... now we see

Originally posted by jarek

...At least we know short term intentions...

Nice acceleration through the lines. Is it aiming at this confluence?

another crack at spy.....this is what it is doing while amzn is where roofer pointed out.....

here:

Great stuff Jarek......

Thanks! I'm trying my best in here ...

great work!

Originally posted by jarek

Thanks! I'm trying my best in here ...

Practice work. I consolidated what Jarek did on the ES 15 minute chart. I'm only showing the last 2 days -- from where I left off on Wednesday.