I was not aware that ES is trading today despite the Memorial Day. Here is the update of our bearish ABCD:
JI
jimkane
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GZ. Let's see. Like they won't try for those stops. I just want to see if 92 area holds it, or not.
JI
jimkane
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Posts: 33,089
Cool how the GZ just stopped it dead, though, eh? Watch this little bearish ABCD here, which looks about ready to be taken out to the upside.
JI
jimkane
Rep: 3,058
Posts: 33,089
It would be nice to see the GZ bounce this to an obvious area, then have it roll down to the 92 area. But in my experience most GZ bounce are 'fatal' to the trend.
JI
jimkane
Rep: 3,058
Posts: 33,089
Notice how crude did stop at my area. About 40 minutes now. It may continue, but the area stopped it.
Originally posted by jimkane
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.



