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

does the low get taken out today or monday??

134.69 > 125.28 = 128.87 @ .382
133.00 > 125.28 = 128.73 @ .447
129.33 > 125.28 = 128.87 @ .886

is this too perfect?

I think I was asleep at the wheel...

Originally posted by jarek

This may start to look very seriously pretty soon:

Originally posted by rat89

... I think I was asleep at the wheel...

It reminded me one of the values from an actual mission statement of a Nasdaq listed company:

FUN
When I die, I want to die like my grandmother who died peacefully in her sleep. Not screaming like all the passengers in her car.

fun(ny) was that cedar fair? the roller coaster king? speaking of screaming in the car

Originally posted by jarek

It reminded me one of the values from an actual mission statement of a Nasdaq listed company:

FUN
When I die, I want to die like my grandmother who died peacefully in her sleep. Not screaming like all the passengers in her car.

Originally posted by jarek

...Crude only accelerated through this all important upper ML (which also proves importance of this set)...

Later it bounced strongly off it and accelerated again - this time to the downside:



Nice to observe a really important line in action

Good one, Jarek.

Al Kamego

????

Originally posted by rat89

fun(ny) was that cedar fair? the roller coaster king? speaking of screaming in the car

It comes from a mission statement of lululemon athletica (LULU) and they make athletic apparel. I don't know what it has to do with their products...

who thinks up this stuff?

Originally posted by jarek

It comes from a mission statement of lululemon athletica (LULU) and they make athletic apparel. I don't know what it has to do with their products...

Actually if you go and read all their stuff, they seem to be ordinary people unlike all these bombastic corporations. And apparently it works since they reached a market cap of more than $5B 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.