I have to start the topic again? C'mon, let's get some volunteers in here. Okay, Sunday night showtime, let's roll.

roofer has a fine looking beard.

Al Kamego

AGU 240 and 60.

447

ES movin' on up, as expected. How far, well, we'll have to see on that one. Pretty much everyone has called the intermediate top in here. That very well may be. I'm watching these levels on the way up for clues. 48.50 (it's there right now), 51.25, 53.50, 57.50-58.50, and 63.75-64.50. I just gave the center of the areas for convenience (for me). It depends on when the areas get reached, too, as far as the lines and their slopes. This is just a very basic framework.

If they do plan to run this I suspect the 'key' area is the 57.50-58.50, just before the RTH opens. At this pace I could see a checkback in that 51.25 area. But maybe none of that happens. All I can say is I'm long-side bias right now, and those are the areas I am watching. It does what it does. Watch that potential bearish ABCD if this gets to the next levels.

Yesterday's bounce in ES started at the lower ML in the bullish Kane Zone slightly above early April high:



This is a good place for W4 of the move since March low to finish. Bulls just need to show some more strength and get over this downsloping TL and more importantly the bearish Kane Zone:

Originally posted by jimkane

But, one would have to be bullish, thinking this is an ABCD. If it drops from here, that may have profound significance. But, if this 5 waves can't even bounce it, that's a monster-sized clue to me.

Will we get this monster-sized clue in Silver?



Not much space left for further dropping in the bullish ABCD scenario

Gold doesn't look particularly strong either after the recent failure of our bullish .447 ABCD:

They're executing those bullish ABCDs in EUR with laser-sharp accuracy:

Decisions need to be made in Crude soon:

charts....curious about MDY.... rat asked a while back about the lining up of sets.... i do not have enough examples to quantify, but i can not recall when price did not react.....

jarek,

Very impressive work!

Good Trading,

Al Kamego