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

It's looking for today's bottom in here. But maybe it just collapses. It is looking, though... My most key upsloping line is right here.

Classic behavior around Schiff upper ML - same set of which the warning line stopped this thing dead on overnight:



Looks like this set may be currently in play

SL hit. This does look scary.

Originally posted by jimkane

... My most key upsloping line is right here.

Mine are still lower - in the Game Zone:

Maybe Crude just needed so much time to consolidate after the initial plunge:

Watch this little bearish ABCD here for clues. So far, though, coming right off that SL, upsloping line intersection, and the key Fibs. But, maybe it will roll right down to the area jarek just showed. We'll see.

Careful in here...

now this is interesting.....broke the tl i was watching.....stopped dead at the 685.....is that b of an impending 5 point?

that would point to spy 129.77 eventually....just calculating out loud

I don't know about the 5 pt but I see batman's mask in there from earlier. Not illogical - 5 pt made me think of bat pattern which led me there.

Originally posted by rat89

now this is interesting.....broke the tl i was watching.....stopped dead at the 685.....is that b of an impending 5 point?

interesting symmetry at the lines...