I was not aware that ES is trading today despite the Memorial Day. Here is the update of our bearish ABCD:

Crude looks like it will never stop rising, but it is now at a key area off that beautiful TD in the KZ, so it should see that.

And swoooooooooooooooooooooooooooooooooooooooosh.

Originally posted by jimkane

But it's all an act. Just staying short-side bias and waiting to see.

Possible EXP in here, but do ya think?

Originally posted by jimkane

Possible EXP in here, but do ya think?

Here it comes:



I can't remember when was the last time with complete lack of upsloping short term natural sets in ES...

Could this head to the 92ish area, to hit the LOD stops and probe around there? I'm hoping so.

It sure was...

Originally posted by jimkane

I'm not particularly bullish, though. ...and that 9 high was a lower timeframe key area...

This area here at 98.75 has some things, so it 'should' bounce. If not, then it implies serious trend continuation (which is what I think will most likely happen).

Barely got that posted. Waiting on 92 area...

Of course we'll see first what happens at the GZ, if it gets there.

interesting symmetry at the lines...