ES approached major downsloping ML on a daily chart:


Acceleration, bounce or coil now? In case of the first, our target area is just 4-5% away. Exactly the same as in case of $RUT for the move off its head and shoulders pattern confluent with the green set lower ML:

And there's the new HOD.

Watch how it acts at 87 half. Otherwise, 90.50-91.50 is my next area.

I should probably correct this for better clarity for everyone trying to dissect my posts:

Nope, you don't know how I'm thinking.

Originally posted by jimkane

Nope, you don't know what I think...

Originally posted by jarek

Originally posted by jimkane

Everyone should know what I think.

I think you're way too optimistic...

ok...now where the heck are the other 3??

Originally posted by jimkane

Yes, it is. Give rat a gold star.

Originally posted by rat89

is this one of them?

Should have been 87.25. 1.272 is at 87.38, other things closer to 87. 87 was 'close enough', so let's see what it does here.

Originally posted by jimkane

Watch how it acts at 87 half. Otherwise, 90.50-91.50 is my next area.

1-min TL. Nice grind all day. The machines are in complete control.

Originally posted by jimkane

...Yet I haven't seen a single chart from anyone showing the at least four key upsloping lines for this area...

Do you suggest that it could have been a TD ABCD where I was waiting for the EXP one to complete??

Precarious spot here. If they don't come in, watch out...

Okay, we have line #2...

Originally posted by jarek

Originally posted by jimkane

...Yet I haven't seen a single chart from anyone showing the at least four key upsloping lines for this area...

Do you suggest that it could have been a TD ABCD where I was waiting for the EXP one to complete??

Click image for original size

Okay, let's see if we have a working short now...

Okay, that's it for me. I probably won't post again until the Sunday night session.