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

Just fantastic posts, today, guys, sorry I haven't participated more. But it seems you all have it under control.

Originally posted by jimkane

...But it seems you all have it under control.

Hopefully...

This small KZ 4PT should help to get over the downsloping TL:

Keep an eye on 94-95+. Being two ticks from there now, I'm ready at this point, in case. Especially given the time of day.

The move off LOD finished in quite a good spot to be consider big W1 of the move off our bullish ABCD:

fascinating how it turned at the line....does it head down into a serious retest?

That was, indeed, it for the bullish intraday trade. Cool.

Originally posted by jimkane

Keep an eye on 94-95+. Being two ticks from there now, I'm ready at this point, in case. Especially given the time of day.

Once again, great posts today, crew.

BTW, watch this little bullish ABCD the ES just formed, for clues.

Once again I pointed out the end of the run, within two ticks. Now off 12.50 from there, back at the GLOBEX low. Not bragging at all, just saying, not bad.

Originally posted by jimkane

That was, indeed, it for the bullish intraday trade. Cool.

Originally posted by jimkane

Keep an eye on 94-95+. Being two ticks from there now, I'm ready at this point, in case. Especially given the time of day.

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.