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

So, watching for a monster rollover, expecting a checkback and then a possible shot at 34-36. Let's see. This is exciting.

Originally posted by jimkane

My next bigger key area is around 34-36...

Mine is slightly lower:

NEM 3 and 5 minute.
I still make newbie mistakes. Bias was short and got stopped out:
NEM 3 minute - bear abcd?


NEM 5 minute - bull TD abcd in hindsight.

Big burst up coming?

Yep. The key TL gives way.

Let's see if it's for real, or a snap trap stop run.

Any momentum here and I think we'll see that upper area. Which at first seems unreal to even think about at today's LOD.

But, grasp that this is a last push looking move, up and over a key TL, and it could be a fake snap trap...

That area I mentioned is as close to guaranteed today as I have ever seen, in my opinion. Outrageous.

And yes, watch this 1.272 area here off the ABCD, in case.

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.