I have some new ML sets for Euro, but the old green set provides the best precision so far.

i am sure you all saw this... but i will post.886 algo sets up at perhaps the most important pivot since bonds topped.... big TIME TO DECIDE....

Getting right in there.





Chart created on QCharts, courtesy eSignal.

I don't know how you get this points, but I know you are right ,Jim. I enjoy this forum...

Originally posted by jimkane

Getting right in there.

Chart created on QCharts, courtesy eSignal.

These guys are evil. They will shake everyone out to find a single line that will serve as a reversal level.

It's tough to precisely define where the overhead area is for this (for management purposes). 64.25 is the first part of the area (and it's a key thing). 65.50 is something. But, things come in up to 71.25. A big grouping of things is around 68.00-69.25. So, somewhere in all that is the best I can do. Sometimes things hit right on top of each other, sometimes it's a more broad area. Now it's all about price action.

BTW, a lot of the above (except some spike and flow lines) is from the immediate short-term action. This is all in the 'context' of the bigger layout as shown on the S&P index chart.

66 is the 1.460 ext ret, right at a key SL. It's just one big layer up in here. I wish it could hit that other end around 71, but 68-69 is just loaded with key stuff. It looks tired, but Friday close, you never know how much it could have left.

65.50. Dual lines hit. Key factors. Now we see. 65.50, if broken decisively, is a continuation signal for the rest of the session, but the session is almost over...

65.75. Looks like that may be it, unless they do some crazy burst in the after-cash. So, although I wasn't able to define the area with near the precision I feel I usually can, the less precise area was quite clear. Instead of the morning run they did the 14:00 Friday afternoon run. And off the low from yesterday at the ABCD it was 19.75 points. Pretty close to the 20 I usually mention. All is as it should be.