JI
jimkane
Rep: 3,058
Posts: 33,089
I have to start the topic again? C'mon, let's get some volunteers in here. Okay, Sunday night showtime, let's roll.
JI
jimkane
Rep: 3,058
Posts: 33,089
Last post before I crash. This move starting up in the ES shows me a change in character. The low area there seems to have 'based it'. Watch this little potential bearish ABCD here for clues, but I think it may make an up move off this low. We'll see. Just something to watch for, as it seems 'primed'.
JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jimkane
...Watch this little potential bearish ABCD here for clues...
So let's watch it while Jim is asleep
Click image for original size
JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jarek
Originally posted by jarek
Silver behaves like a wild horse trying to get rid of every rider...
There is some order in this bareback riding...
The horse is still bucking:
Click image for original size
But if the count is right, nice ride may be close
JA
jarek
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Posts: 3,474
Gold also bounced off the first geometry in the move off this bullish DT ABCD Eric showed earlier:
Click image for original size
JA
jarek
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Posts: 3,474
Our bearish ABCD in ES quickly played out, but just to one tick new low off which is now bouncing strongly up:
Click image for original size
JA
jarek
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Posts: 3,474
1.618 of our bearish ABCD reached. That should be it if this ABCD was a mere W4:
Click image for original size
JA
jarek
Rep: 94
Posts: 3,474
On the higher timeframe there's no damage at all, although bulls paid some price already for letting this rising TL go:
But after the recent 80+ points run with practically no correction they will remain in privileged position even if this thing drops much more
Click image for original size
But after the recent 80+ points run with practically no correction they will remain in privileged position even if this thing drops much more
JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jarek
Originally posted by jarek
Originally posted by jarek
Silver behaves like a wild horse trying to get rid of every rider...
There is some order in this bareback riding...
The horse is still bucking...
Was this move to .886 to the tick the last kick in this rodeo?
Click image for original size
RA
rat89
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Posts: 7,015
thanks jim
Originally posted by jimkane
That's the general area, but I have different numbers, so we are looking at different things, I suspect. The 1.000 ABCD by one technique is at 58.50, and by another the .886 ABCD is at 58.51. My other numbers are all around that area. I also have many lines in there that don't come from standard sets.
Originally posted by rat89
I think I see it...5856, 5868, 5874 ?