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MarcinO
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Posts: 5,506
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jimkane
Rep: 3,058
Posts: 33,089
ES 3D on say a 5-min, into a key area. But, boy, that's a tough sell for me, both literally and figuratively. I'm just not seeing it. Not to mention this is still in 'management mode'. It's especially hard to play a lower timeframe setup (the countertrend move once one feels the short-term high is in) against a higher timeframe play. The timeframes aren't lined up right for this. But, that doesn't mean I can't use the info for management purposes, and also to look for a setup on the short side once this starts to move, if I thought it may actually come in a bit. I hope this all makes sense.
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jimkane
Rep: 3,058
Posts: 33,089
And another new high... The 3D couldn't do anything but a 1.75 point checkback! Too funny, but exactly as expected.

Originally posted by jimkane

And another new 'bull' market high for the ES... I think we may see those repeatedly throughout the aftermarket session and into the night.
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jimkane
Rep: 3,058
Posts: 33,089
As I was saying... Another new high...


Originally posted by jimkane

And another new high... The 3D couldn't do anything but a 1.75 point checkback! Too funny, but exactly as expected.

Originally posted by jimkane

And another new 'bull' market high for the ES... I think we may see those repeatedly throughout the aftermarket session and into the night.

JI
jimkane
Rep: 3,058
Posts: 33,089
And with a huge pop, there's yet another new high... Back to bed for me. No real worries, I could just turn off my alarms, sleep until dawn, and get up to see the market much higher. That's how sure I am there isn't a seller left alive. I'm joking, of course, but I've never seen such a one-sided market in my life.


Originally posted by jimkane

As I was saying... Another new high...


Originally posted by jimkane

And another new high... The 3D couldn't do anything but a 1.75 point checkback! Too funny, but exactly as expected.

Originally posted by jimkane

And another new 'bull' market high for the ES... I think we may see those repeatedly throughout the aftermarket session and into the night.


JI
jimkane
Rep: 3,058
Posts: 33,089
P.S. This is getting deep into the main overhead area, but the best lines I have are actually around 30, so this could go another ten full points before I'd say it is 'stretched'. But, realistically, anywhere from here to another ten points and it could start to have issues. I can't wait to see.
RA
rat89
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Posts: 7,015
such an interesting area....they have to hit it


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rat89
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Posts: 7,015
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AL
albert
Rep: 99
Posts: 3,094
Kane 4PCP ABCD completing at 0.382 fibo, 3Ds, and a Five Point pattern. Interesting sideways price movement leading up to the 10 EST Consumer Confidence meeting.

Al Kamego
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jimkane
Rep: 3,058
Posts: 33,089
It's all about the overnight. 'Daytrading' is dead right now. 4.25 point range for the entire RTH today so far. Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz.
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jimkane
Rep: 3,058
Posts: 33,089
This 9.75 area is definitely an area to watch. It might be it for the 'correction'.
RA
rat89
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Posts: 7,015
fantastic charts roofer, thanks