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

I know nothing!

Originally posted by jarek


Shall we ask you more questions here?

??

how do spy and dia complete and iwm and qqqq only get to .886.....?

Not quite what I expected, but already this failed 4th attempt at the TL was a warning. Bulls still can escape unscathed, but need to act NOW:

bull trap abcd?

Originally posted by rat89

I know nothing!

Originally posted by jarek


Shall we ask you more questions here?

Your charts say otherwise!

Originally posted by jarek

There is a glitch in Qcharts and I can't display EUR RTH chart...

Looks like there was no glitch at all only I should have waited for the start of US and not European trading hours

Here is the update of Roofer's beautiful setup in action:

they've been talking again?

Your charts say otherwise!

Green line magnet did its job, but what now - shall I undust my morning bearish scenario which I put onto shelf already?

maybe

Originally posted by jarek

Green line magnet did its job, but what now - shall I undust my morning bearish scenario which I put onto shelf already?

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.