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JA
jarek
Rep: 94
Posts: 3,474
Can the recent high in February stay with us for quite longer than almost everybody is expecting at this point?

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We may not know the answer to this question for some time to come, but in my opinion this is a viable alternative to consider!
JA
jarek
Rep: 94
Posts: 3,474
If this last bullish ABCD in Crude was a W4, then recent high should last for some time since 1.460 at line was already hit:

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JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jarek

...Lets see how it reacts to bullish ABCDs forming on the way down

Initial reaction was positive but this clear TL creep is a warning sign for bulls:

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JA
jarek
Rep: 94
Posts: 3,474
If this bounce in ES ends here without reaching the line for back-test, then bulls are doomed:

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JA
jarek
Rep: 94
Posts: 3,474
It's always nice to see green set "in action":

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ER
EricD
Rep: 63
Posts: 692
UPDATES...
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ER
EricD
Rep: 63
Posts: 692
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ER
EricD
Rep: 63
Posts: 692
Click image for original size
ER
EricD
Rep: 63
Posts: 692
Click image for original size
ER
EricD
Rep: 63
Posts: 692
Click image for original size
JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jarek

If this bounce in ES ends here without reaching the line for back-test, then bulls are doomed:

They knew it and counteracted on time!


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RA
rat89
Rep: 0
Posts: 7,015
you mean white bg vs blue? interesting...

Originally posted by tx_ches

rat89,
I like the color contrast on your last charts -easier on my eyes.