MyPivots
Sign In
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    4
    (Edited )
    Okay, no one has started the new topic, so here it is. Silver ready to hit 48, gold at another new all-time high, ES futures are up and rising, the Aussie is looking strong, CL another new high for the move, and working on that contract high. Same old, same old. 'Risk on'.
    JA
    jarek
    Rep: 94
    Posts: 3,474
    3
    (Edited )
    Originally posted by jarek

    ... this is what bulls were hoping for here:

    Much better now - this drop to .886 was just W2 of the move off our small flat:

    Click image for original size


    ES should now aim for the target off the bigger bullish ABCD
    JA
    jarek
    Rep: 94
    Posts: 3,474
    2
    ES is only 3 points away from a yearly high:

    Click image for original size


    That should be a piece of cake for bulls after getting over this Schiff upper ML
    RA
    rat89
    Rep: 0
    Posts: 7,015
    3
    12548 is the 1.27 from feb - march swing ....
    Click image for original size

    Click image for original size
    RO
    roofer
    Rep: 3,689
    Posts: 3,574
    4
    push the trend, push the trend,push the trend
    Click image for original size
    RA
    rat89
    Rep: 0
    Posts: 7,015
    3
    8537 = 886

    so we have dia at 1.27, spy at 1.128, iwm at .886

    now what?

    Click image for original size
    JA
    jarek
    Rep: 94
    Posts: 3,474
    2
    (Edited )
    Originally posted by rat89

    now what?

    They still need to push ES slightly higher to get the stops above previous high:

    Click image for original size


    BTW nice move off that overnight .886
    RA
    rat89
    Rep: 0
    Posts: 7,015
    1
    1.128 at 61.16
    Click image for original size
    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    interesting

    Originally posted by jarek


    They still need to push ES slightly higher to get the stops above previous high:



    BTW nice move off that overnight .886
    AL
    albert
    Rep: 99
    Posts: 3,094
    3
    Originally posted by rat89

    maybe al just thinks our charts are too big and we should make them smaller?





    Originally posted by jarek

    Originally posted by rat89

    ...I will second the thought that jarek does amazing work






    Not at all. I meant the charts and
    comments are tremendous in quality, content, and quantity, but not in size. I enjoy studying, and need to study more, the ML work and the Kane Fibo and ML interactions. The Kane approach is great, imo, and I really enjoy seeing it applied in practice by the traders here. Please keep up the good work. I strive to get these concepts to "sink in" and to improve my trading.

    Good Trading,

    Al Kamego

    TX
    tx_ches
    Rep: -10
    Posts: 514
    1
    (Edited )
    The retraces were harmonic on ES 5 min chart.
    The .886 was followed by minor retrace swing lows at 61.8, then 68.5, then 23.6.

    Originally posted by jarek

    BTW nice move off that overnight .886
    JA
    jarek
    Rep: 94
    Posts: 3,474
    1
    Originally posted by jarek

    10th bullish ABCD in the recent uptrend in the making?...
    This must be really boring for all long on EUR...


    Almost fully completed now:

    Click image for original size