MyPivots
Sign In
    JA
    jarek
    Rep: 94
    Posts: 3,474
    2
    (Edited )
    Can the recent high in February stay with us for quite longer than almost everybody is expecting at this point?

    Click image for original size


    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
    3
    (Edited )
    Yep - this bearish ABCD in ES is absolutely "hanging on the ropes" here:

    Click image for original size
    JA
    jarek
    Rep: 94
    Posts: 3,474
    2
    In Gold our labeling of the move off the bullish ABCD was proved correct:

    Click image for original size
    RA
    rat89
    Rep: 0
    Posts: 7,015
    1
    Click image for original size
    JA
    jarek
    Rep: 94
    Posts: 3,474
    3
    Before I'll switch to bullish bias I'll wait for this absolutely last bearish EXP ABCD at the upper ML of an adjusted set to be taken out:

    Click image for original size
    RA
    rat89
    Rep: 0
    Posts: 7,015
    2
    (Edited )
    Click image for original size

    Click image for original size

    Click image for original size
    JA
    jarek
    Rep: 94
    Posts: 3,474
    3
    (Edited )
    Originally posted by jarek

    In fact the only thing that makes me nervous on the short side now is that ... all this looks so good!


    This contrarian indicator is working perfectly well so far. If something looks too good for one side it often turns out to be even better for the opposite side!
    AL
    albert
    Rep: 99
    Posts: 3,094
    0
    Originally posted by jarek

    Originally posted by jarek

    In fact the only thing that makes me nervous on the short side now is that ... all this looks so good!


    This contrarian indicator is working perfectly well so far. If something looks too good for one side it often turns out to be even better for the opposite side!


    I agree ! And sometimes the trades that look to me to be very limited as to their forward progress, may do very well.

    Al Kamego
    RA
    rat89
    Rep: 0
    Posts: 7,015
    2
    Click image for original size
    AL
    albert
    Rep: 99
    Posts: 3,094
    3
    Kane 4 PCP at ML and 0.886 fibo retrace. Pretty good price advance off Kane ABCD Point D or D'. Beauty and Simplicity in the market? Gap on 5 and Simple Line on both RTH and GLOBEX charts.

    Good Trading,

    Al Kamego
    Click image for original size

    Click image for original size

    Click image for original size

    Click image for original size
    JA
    jarek
    Rep: 94
    Posts: 3,474
    2
    (Edited )
    Originally posted by jarek

    Before I'll switch to bullish bias I'll wait for this absolutely last bearish EXP ABCD at the upper ML of an adjusted set to be taken out:

    I consider it not broken yet, so if it starts correcting now, I'll be watching it as possible move off this bearish ABCD

    Click image for original size
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    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.