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

This test and retest were already the harbinger of bulls' problems ahead:

And that is the scenario I'm pondering at the moment for the maximum pain on both sides still before expiration. It contains one more, this time "deadly" bearish KZ 1.272 DB ABCD:

i stand corrected, i have one trade going, a gann based trade in GS, WHER I AM RISKING small box... stop now be

done posting for today, computer troubles.. j i am thinking one more new low also... at which point geometrty across hundreds of charts would line up

trade completed...

Crude bulls didn't want to hear about this bearish ABCD and are aiming straight at this important upper ML:

update...

roofer.....is this that's in play?

big dog head bump


we never shoulda let him under the coffee table....now if he barfs it'll be harder to clean up

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.