MyPivots
    JA
    jarek
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    Jim suggested to take a look at daily charts of some secondary indexes and here is my current $RUT chart:

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    The green ML of a set based on big bearish 3D happens to be also a neckline of a classic head and shoulders. If bulls would not be able to defend this line next week, then a move to the lower ML should follow. This would also be a perfect fulfillment of a successful H&S pattern.
    It is all the more interesting as this big bearish 3D fell dead on at the upper ML of a quite important set:

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    JA
    jarek
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    I took off the ABCD labeling in Gold, but will watch the reaction to this upper ML of a downsloping set, which was well respected in the past:

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    JA
    jarek
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    Originally posted by jarek

    So this is from one Kane Zone to the other for a small bullish EXP ABCD. Now we see...

    Just to .886 at line? Hmmm...

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    TX
    tx_ches
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    Looks like battle of the KZ - retrace down of the swing up is holding at KZ too.
    JA
    jarek
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    (Edited )
    From the Kane Zone to the Kane Zone, from the Game Zone to the Game Zone:

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    After this bullish KZ 4PT it may go either strong up when it plays or strong down when it fails...
    RA
    rat89
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    kz


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    JA
    jarek
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    Crude is respecting its upper ML pretty well:

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    Reminds a TL creep - should go strongly up when it breaks out or strongly down when it fails to
    JA
    jarek
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    Originally posted by jarek

    ...After this bullish KZ 4PT it may go either strong up when it plays or strong down when it fails...

    Looks like I have underestimated the potential impact of a standard bullish ABCD...
    :

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    RA
    rat89
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    iwm pop up to 1.618 of small swing down....if 80.33 is the high for the moment, a pull back to 1.27 is at 79.60.....886 of move off yesterday's low is 79.59.....just saying...
    RA
    rat89
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    new high by 2¢......both are lined up now at 79.59.....if they let it get all the way down there it could be interesting....or over shoot....

    Originally posted by rat89

    iwm pop up to 1.618 of small swing down....if 80.33 is the high for the moment, a pull back to 1.27 is at 79.60.....886 of move off yesterday's low is 79.59.....just saying...

    JA
    jarek
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    Is this by chance that 1.618 off this standard bullish ABCD happens to be in Jim's second area right in the middle of a bigger Kane Zone together with several lines for a potential bigger bearish ABCD of which this smaller bullish one would be just a BC leg?


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    RA
    rat89
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    it might have to, and we'll find out soon



    Originally posted by tx_ches

    I could certainly see it going lower though.