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.

Here you are:

And yes, if you do a modified Schiff around those points (a, b, c), you get the same TL, and the 12:41 PM swing high. But the TL is needed for clarity in a post, to grasp the price flow concept there.

ES ready to play games with the TL... Flush or fake break and snap?

They postponed the decision to the very last moment:



Fake or real?

here's its big chance......886 to the penny at 53.61 just now

Originally posted by tx_ches

Looks like X is in a channel - 3 touches at top with 1 overshoot and 3 at bottom. May need to converge on a set intersection - possibly green and purple - to get the steam to break top of channel and hold above.

That TL is key right now. Games, rush up, or a flush coming. I know that covers everything, my point is, they will do something significant here, I think. And it will 'get' a lot of people.

TL creep breaks up. Welcome to the new paradigm.

Bears may still counterattack from here:

Yes, and a nice initial game off the TL. It is still primed for a big dump.

They sure are making it look like 'up' right now. I can only see 'up'. We'll see.

Thanks - I must have been sleeping indeed