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JA
jarek
Rep: 94
Posts: 3,474
With the bearish case on Bonds being so touted recently I'm wondering whether it's not a big smokescreen suggesting that quite opposite may happen... Especially after looking at the following charts:
JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jarek
In ES we have 3D right at .447 and major line... If bulls can get over it - they won for today
Looks like I may have called this one totally wrong:
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Kane Zone didn't hold, all ABCDs were taken out, but this downsloping upper ML stopped this thing dead on
JA
jarek
Rep: 94
Posts: 3,474
Both main indexes also respected their geometries and formed classic bearish EXP ABCDs:
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AL
albert
Rep: 99
Posts: 3,094
Originally posted by jarek
Originally posted by jarek
In ES we have 3D right at .447 and major line... If bulls can get over it - they won for today
Looks like I may have called this one totally wrong:
Click image for original size
Kane Zone didn't hold, all ABCDs were taken out, but this downsloping upper ML stopped this thing dead on
I was beginning to wonder whether you were perfect in your calls.
Well, maybe you are only human.
Good Trading,
Al Kamego
JI
jimkane
Rep: 3,058
Posts: 33,089
Now add on a natural set with the Friday mid-day low, the Friday afternoon high, and the early evening GLOBEX low around 19:45 (actual time 19:52-55) and look where the ML falls.
Originally posted by jarek
Originally posted by jarek
In ES we have 3D right at .447 and major line... If bulls can get over it - they won for today
Looks like I may have called this one totally wrong:
Click image for original size
Kane Zone didn't hold, all ABCDs were taken out, but this downsloping upper ML stopped this thing dead on
AL
albert
Rep: 99
Posts: 3,094
I KNOW that's right. I can personally vouch for that!
BTW, I follow your charts and comments and you are certainly helping me to learn about trading. Please keep up the good work.
Good Trading,
Al Kamego
BTW, I follow your charts and comments and you are certainly helping me to learn about trading. Please keep up the good work.
Good Trading,
Al Kamego
AL
albert
Rep: 99
Posts: 3,094
jim,
Here is what I get, per your comments. Your call is awesome.
Good Trading,
Al Kamego
Here is what I get, per your comments. Your call is awesome.
Good Trading,
Al Kamego
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RO
roofer
Rep: 3,689
Posts: 3,574
just traders trading..... if the red line green set on yesterdays close was to be valid,in the face of the insane last hour bullishness, then OUR TOOLS, AND NOTHING ELSE.... should have pointed to RISK OFF!!! in the face of the manipulation in the indexes.... i think they did their job.... and all the way down today... they said repeatedly trend day shooting for targets...