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

gold,crude,silver at short term key areas...

Yes, I think it did its thing to the next levels. Now we see, as roofer just said.

Everyone remember, Tuesday is FOMC day.

Bearish ABCD followed by a smaller bullish ABCD, coming off a bullish area, and very 'sold out'. Clue time. Now we see.

larger abcd formed at support...clue time for larger thrust up ..or retest of lows...

like to see this TL at 1265.25 get broken ...and swoosh up to the 1.27 move...

Originally posted by EricD

like to see this TL at 1265.25 get broken ...and swoosh up to the 1.27 move...

AND HERE COMES THE BURST......

Stalking GOLD..........

Second shift came already to work and you are still here posting relentlessly

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.