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?

ES 60 min.
I've numbered the waves in W3. Then I measured the W1=W5 and found it stopped there at the 100% line as shown with white dashed line at W3.

ches,

Fantastic!

Al Kamego

ES - we've reached 38/48/146 confluence.
Will if form a bull abcd - TD or exp here, with C as the high?
I see an abcd in the BC leg on 5 minute. And a potential bull abcd on 5 and 15. If it becomes exp abcd, I think it'd satisfy the bear abcd at same point.
No chart this time.

ES 5 min. Messy chart sorry.
I have ML sets on the abc - both standard and schiff.

Price is at the KZ. I'm hoping it'll go lower.
I'm always afraid of missing a move and have a long history of getting in too close to C point before I let the D point form.
So I'm trying not to get in at the KZ but it's an emotional struggle.
(I don't trade futures so I'd get in on TNA or spy.)

1 min and 55 tick Timeframe volatility. Kane EXP ABCD completing at 0.618 fibo / Trader's Dream. Cool. SL with 1.272 and 1.128 fibo overlap on SPY. Common PTA.

Al Kamego

ches,

Good Luck with your struggle.

Good Trading,

Al Kamego

1.618 dbs?

you can't say the low isn't right in the kz....is it suicide to go long?

abcd....next move to upper line?

Al, Great example of trader's dream - the one setup of roofer's I never look for (because I don't use the bands).

Originally posted by albert

Kane EXP ABCD completing at 0.618 fibo / Trader's Dream. Cool.

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