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MA
MarcinO
Rep: 67
Posts: 5,506
I'll start this week's topic off.
MA
MarcinO
Rep: 67
Posts: 5,506
Someone is having fun drawing all these ABCDs.

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RA
rat89
Rep: 0
Posts: 7,015
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RA
rat89
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Posts: 7,015
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RA
rat89
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gotta love this


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rat89
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notice first move up failed at red oval when it didn't hit the median line...suggests weakness, even though the move that day was strong. then, note the retest at lower blue line (blue arrow) and up into target at median line (second blue arrow) on the gap open into fib city off four swings.....turn around and short at the red arrows and look for a lower low where x marks the spot if this is indeed a continuation setup in one big long trend day down.....…..hard to imagine a move of that magnitude in the time frame, but it's not out of character of the recent moves…



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JI
jimkane
Rep: 3,058
Posts: 33,089
I have to admit, despite all the geometry that was there at the area when this opened, as I said last night, I really didn't think it would do anything but at the most a little KZ pullback for better prices, and then up to the area I posted. To me this seems like a big clue. This is back to 'chopping in the low end of the range'. If this was bullish, this shouldn't be down here. It gave all that pop back (it's actually just traded one tick below the Friday ES close).

Watch from this gap close based on the close, to the GZ here with multiple lines, to see what it does. The .886 is at 28.29, the ES previous close at 32.25, so 'in here' is where 'they ' should come in if this is just another game. Otherwise, the next stop I'm watching would be the SL at the 1.272 or so, around 17-19.
RO
roofer
Rep: 3,689
Posts: 3,574
strange day for me... though other indexes gave abcd continuation patterns the only predefined trade i could find was in QQQ
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RO
roofer
Rep: 3,689
Posts: 3,574
just now, as QQQ HIT line target on spike, the DIA did this... i said see ya
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JI
jimkane
Rep: 3,058
Posts: 33,089
Hour and a half of snooze on the GZ. Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz.
RA
rat89
Rep: 0
Posts: 7,015
gz should be reactive or watch out
MA
MarcinO
Rep: 67
Posts: 5,506
Yes, this is quite funny.
Partitions is a series of three times when Austria, Russia and Prussia annexed parts of Polish-Lithuanian Commonwealth until they took over everything. So their point that this is only the beginning is really good.

This kid in the second poster is PM Donald Tusk also called Donaldinho (like Ronaldinho), as he spends more time playing soccer than working. ZUS - state owned fund.
And a writing below 'One more time' leaves no delusions. And showing chief communist here is well-aimed. After WWII communists nationalized everything including even the smallest groceries.