Here is the update of my longer term ES chart:



I know this potential drop of 10% in a couple of weeks is hard to conceive for some. But I can't find a better explanation for the corrective nature of the March-May rise

First area here at 15.25 to be cautious with.

Notice the reaction? Right back in to the .382, which stops it dead, and then back up. Now, that's a clue, right?

Now watch here and see if this was one last push, or if this is a trend move.

I think the latter is more likely.

But note the KZ off the HOD coming in here...

CL going nuts again.

ES acting all strong into the key KZ. Most of the time that means...

Once this KZ is breached I'm watching 18-19 next. But it looks like they want the HOD the way this is acting.

Crude is insane!

Okay, see everyone later. I'll try to do those updates on copper and the Swissie like I mentioned in those sections, and get to jarek's question on that being a KT rocking chair pattern failure setup, some time this weekend.