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JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I guess jarek must still be skiing, so I'll start this week's topic.
Let's make it another monster week for quality posts.
JI
jimkane
Rep: 3,058
Posts: 33,089
Hmmm, Sunday night GLOBEX, ES is up, dollar is down. Okay, same old, same old. Let's...get...ready...to...rumble...
JI
jimkane
Rep: 3,058
Posts: 33,089
Looks like I'm going to be it tonight??? I do know how to clear a room...

So, futures are down now. Is that it, or is this going to try to put in an ABCD below? Back to that 1320 'support' area (the prime ABCD range is 1318.75-1321)? Hopefully we get a nice checkback.
ER
EricD
Rep: 63
Posts: 692
just clocked in for the first shift....
JI
jimkane
Rep: 3,058
Posts: 33,089
Yay, I shook someone out of the woodwork...
JA
jarek
Rep: 94
Posts: 3,474
Just clocked in for my shift. I don't have my usual analysis yet, but I didn't notice any important changes on my very long term ES chart. It is still trying to break above a strong confluence:

Click image for original size


And my itching is still there...
JA
jarek
Rep: 94
Posts: 3,474
Very short term I'll watch the reaction to this bearish 4PT:

Click image for original size
JA
jarek
Rep: 94
Posts: 3,474
... which was negative (bulls may see it as positive
). Now a bearish Flat:

Click image for original size
JA
jarek
Rep: 94
Posts: 3,474
... and no reaction either. Time for a standard bearish ABCD:

Click image for original size
JA
jarek
Rep: 94
Posts: 3,474
This time it at least "saw" the area:

Click image for original size


Let's see how it develops...
JA
jarek
Rep: 94
Posts: 3,474
... not how the bears could have hoped. Their last chance for any success during this ON session is this DB ABCD at major upper ML:

Click image for original size
JA
jarek
Rep: 94
Posts: 3,474
Thanks - I must have been sleeping indeed