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

55.75 is a multiple line convergence. When it gives way, that tells me something.

And it exploded over it while that was posting... Big clue.

amazing.....886 at both arrows

Big-time KZ here. What will it do, and what does it say if it isn't respected...

This volatility is just nuts. Straight to the major ML, which happens to be in the Kane Zone of today's drop:

Yep, that's the one. But they want up, and up badly.

Amazing, as frenzied as they were/are, that KZ stopped it dead. There is a major price flow area in the low 70's, if they can keep it going I'd think they'd want that next.

Low to mid 70's.

The action is too fast for me to post any better than I am...

Originally posted by roofer

did i just hear them give gs a few triliion and say bid it up?

Looks like it finally found its way to the exchange

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.