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

Looks like this underestimated KZ DB ABCD may play out fully...

Originally posted by jarek

I wonder if there is a serious alternative to just taking out this downsloping ML. Would you believe in such series of waves 1 and 2?? ... because I don't

Sometimes it happens that you are plainly wrong...
Will it now need equally many waves 4 and 5 to complete this move?

I though it was just me

Sometimes it happens that you are plainly wrong...

Originally posted by jarek

... but on the other hand I wonder if this test and multiple retests of the upper ML last week do not foretell the drop to the lower ML at 1230-1240 area, where also the most distant geometries of the other issues could certainly be met...

Today this line is below 1230 together with a parallel of a Schiff set:



Please note also how the division lines of this set were respected all the time what escaped my attention...

I wish I had some more votes ... Will make up during weekend

In the meantime EUR hit first geometry in the journey of that classic Roofer's setup:

Incredible posts today, crew. Sorry, I'm just way, way too busy to post right now. These 40 point daily ranges are keeping me preoccupied. I'll comment as I can...

BTW, thanks for the outpouring of sentiment for the Bruce situation. I've gotten some repsonses via PM and e-mail, and they are agast. I haven't read anything out there since last night, because it would mess up my ability to trade today, and I can't have that right now, with this action. But looking over our forum for today, and I had to laugh, the posts, the quality, the quantity. If those 'out there' only knew... Too funny, that they would judge us. But, it's only one guy, it appears he doesn't represent the other 'big' names. Thanks.

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.