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

Notice the 1-min bullish ABCD. A push to the 18-19 area? Or an ABCD failure?

A push to 18.50. Now what? I think I have an idea.

I also have an idea, which is not too original in my case recently

this chart is starting to look like the old howard johnson's colors (orange and turquoise those of you not in the us)

turned right in the kz, and now it's messing with everyone at the high

Watch closely here. I hope it gives way...

Watch 14.50 plus or minus next.

Originally posted by jimkane

A push to 18.50. Now what? I think I have an idea.

your wish is granted

rolled right off a head hit at the first hour low

Originally posted by jimkane

Watch closely here. I hope it gives way...

Cash low at 14.25. I'd say that fits into the '14.50 minus' area

Watch after-cash, though, as this looks pretty weak.

Originally posted by jimkane

Watch 14.50 plus or minus next.

Wow, after cash crush.

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.