Let's see if this works....never tried to start a new topic...

having bounced off the .886 friday, will it aim into the area of interest up at the .886 of last week's high, or into the box at 1.128 - 1.27, and what will it do up there?

There is some symmetry in that both blue arrows are at .886....ultimately you might expect a move that mirrors the mid march - may move, but without a significant pullback into an abcd, which we haven't seen yet?

Great job, Rat89, getting the topic going for the week.

Hmmmm, futures open down and shave almost ten points right off. I guess they don't like the Italy situation (get real, though, a rational response, to me, would be to take 100-200 ES points off for a start....). Now we see if they engineer that ramp up I suspected, or not. Everyone knows I'm wishing/hoping/begging for some downside to get some balance into this game, but I also know they want to play the ramp game, and I just won't fight that. So, let's see what shapes up and if they surprise me with more downside, or do what I expect and come right in for this...

es weekly returned to the downsloping line it broke from last week.




es daily also returned:



es 240 has some room to go:



es 5 min found some support at a warning line, as before. Will it form a bear abcd and then break the line?

ES 5 minute.
Will this bear abcd with another bear abcd in its cd leg play out?

TNA 60 minute.
It turned at the green dashed set when it intersected with a WL off the brown set.
Will it make it to the green dashed ML and turn when it once again intersects with a brown WL? Timing shows the intersection would be tomorrow before noon. The 44.7% is also added into the confluence.

roofer,

I am very sad to hear about your recent misfortune. I will keep you in my prayers. I pray you have a complete recovery and return to your full strength and health. God bless you.

Good Trading, Al Kamego