It is now one way or the other IMO:

Could that tiny bullish DT ABCD, not even to the closest Kane Zone, be it, if it comes to the short side today??

Originally posted by albert

Originally posted by tx_ches

Al, I don't understand how you are trading your DBS. Wouldn't the goal be the ML which did not get met either yesterday or today? Are you trading the DBS as a failure?

Just seeking to understand what you are showing on the chart.

Originally posted by albert

DBS and Kane EXP ABCD completing at 0.382 fibo. Nice. 1 min GLOBEX and a tick chart.
Al Kamego

Thanks, tx, for the excellent question and comments. Please let me try to explain......



... For my own trading only, I am thinking DBSs are vulnerable to failure near the 25% division line. I have seen it a few times....


Good Trading,

Al Kamego

The following comment is probably not correct.

... For my own trading only, I am thinking DBSs are vulnerable to failure near the 25% division line. I have seen it a few times....

Please replace DBSs with "spike/simple line-based ML sets"

and 25% with 75%.

Good Trading,

Al Kamego

?

seems impossible....

Thanks for that. I've noticed people were pretty loose about calling everything a DBS. I have about 3-4 setups from roofer that I've named differently but no one else seems to distinguish from his DBS. As far as I know, only one of them has his 90% statistic.

Originally posted by albert
Please replace DBSs with "spike/simple line-based ML sets"

Al Kamego

thought so.....turned into 1.27 dbs ...I think....

In the grander scheme of things this may look as test and retest of this upper ML, so bulls better watch this DT ABCD playing out fully...

Originally posted by jarek

... bulls better watch this DT ABCD playing out fully...

It did, but just to the spike line and the green ML is a multipivot line already:



Are they playing cat and mouse here or will they really have problems with this bigger bearish KZ ABCD?

Dow in a rather interesting spot here:

... also a .447 bearish ABCD in $SPX: