I'll start the new week off. I'm watching around 16.50 for the ES, there is a lot of stuff there. Like I said, it could push a bit higher, but there is a lot coming right up in here, and if that doesn't check it back a bit, that would indicate to me immense strength. I'm still looking at my higher timeframe scenario, with two areas. Let's say 1830-60, and around 2000. Both are technically solid areas, but I like the 2000 area better (although, admittedly, it would take a monster blow-off to achieve that) for several reasons, one of which is it would set up some harmonicities that would be remarkable.

I am still watching that possible new proprietary timing thing that has this rising until Oct-very early Nov, and then a final push into Jan. It would be amazing if it was destined for the 2000 area if it did that first time area pullback right off that 1800's area. I had said I would post something on the bear market and oil at perhaps $250 this weekend, and I may, or I may get to it 'later'. I'm just one person, and a person with limited energies, so I'll do the best I can...

Back at that overhead TL.

bigger picture... 4 hr chart... what if this is all one big running ABCD and today's low was the D ?

Finally going to take out that overhead TL?

Ever so slight push over then a hard snap down. Like I said, though, likely it will just be chop for the rest of the day.

Barkley, add on a TL from that May low to your D point.

Originally posted by Barkley

bigger picture... 4 hr chart... what if this is all one big running ABCD and today's low was the D ?

Click image for original size

That overhead TL is a steel reinforced brick wall. Wow.

It sure looks ready to collapse. This is a key area here. Very interesting, but at the close it will likely all just look like chop.

Three point range for over 2.50 hours. I may just quit after I think the morning move(s) is/are over. Still looks like they want to take it under the range and flush some stops, though.

I'm sorry to bore with another chart of the same thing, but what they did here is just too funny