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JA
jarek
Rep: 94
Posts: 3,474
I was not aware that ES is trading today despite the Memorial Day. Here is the update of our bearish ABCD:
RA
rat89
Rep: 0
Posts: 7,015
1.27 at 486 of larger move down, 886 on retest
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TX
tx_ches
Rep: -10
Posts: 514
What a tease CF is.
It closes with what could be a 4PT Bear or a 4PT Bull.
CF 5 minute.
Here's 30 minute context. The down move today only went to the KZ.
It closes with what could be a 4PT Bear or a 4PT Bull.
CF 5 minute.
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Here's 30 minute context. The down move today only went to the KZ.
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TX
tx_ches
Rep: -10
Posts: 514
MOS 5 minute. I don't know if there's an ABCD here or not. Sometimes the tiny ones generate the biggest move.
And context on the 30 minute. The recent up leg stopped at confluence of 38.2 and 56.4. Today's down leg almost reached 56.4 of that up leg.
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And context on the 30 minute. The recent up leg stopped at confluence of 38.2 and 56.4. Today's down leg almost reached 56.4 of that up leg.
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JI
jimkane
Rep: 3,058
Posts: 33,089
Watching 20.50-21.50 and 24.25-25.25 next (but note the key .447 is at 26.60). Watch the ABCD coming up, though. The 1.000 is at 16.75, as a reference point. It's starting to look stronger, so I think it will want to move up. The ABCD is also at a 'backtest' of an old key TL. Always see what the price action says, and respect that, though. Never fight price action.
JA
jarek
Rep: 94
Posts: 3,474
Not much to comment here. Anything can happen in the Game Zone, even this TL creep may end up with an upside breakout :
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JA
jarek
Rep: 94
Posts: 3,474
2 more days like yesterday and we would reach my longer term target area with no problem at all :
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RO
roofer
Rep: 3,689
Posts: 3,574
i mistakenly posted in last weeks posts...yesterday's action was foretold by our tools... tuesdays close was one of the greatest hooks i have seen...the late day ramp seemed bullish... but STRICTLY BASED ON OUR TOOLS.... IT WAS ABSOLUTELY NEEDED to set up the charts bearish... TNA... DBS REDLINE GREEN SET on close.... ERX kane abcd retrace to down sloping line.....X retrace on close to downsloping line.... UCO late day .886 on gap retrace to down sloping line... ZSL late day retrace to ..886 on gap... then on wed, after intial pop,another .886 on gap before launch... the cherry on top FOR WED?... AAPL .886 on gap on 5 on open...
JA
jarek
Rep: 94
Posts: 3,474
Not even .236 in an ABCD fashion. If that was already IT, I don't envy bulls:
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RA
rat89
Rep: 0
Posts: 7,015
roofer - can you define a hook for me?
Originally posted by roofer
i mistakenly posted in last weeks posts...yesterday's action was foretold by our tools... tuesdays close was one of the greatest hooks i have seen...
