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jimkane
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Posts: 33,089
I would expect, in this manipulated market, for it to promptly make all the drop right back, but I'm not so sure here.
JI
jimkane
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Posts: 33,089
That could be a 'higher low', but, at least in 'the old days', this should 'chop in the low end of the range'. Nowadays, I think they gave that up.
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rat89
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Posts: 7,015
geometry is now perfect for a move to 157.80 area where 1.618 meets 1.128
Click image for original size
Click image for original size
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jimkane
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Posts: 33,089
So, rat's seeing higher. This is a good area in the ES for it. I'm not getting a feel for that yet, though. Maybe it just needs to 'test' this area here again before it rockets.
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jimkane
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Posts: 33,089
Okay, things seem right now. They made it look like a dump on the 'retest', and now it's free to run. It's hit new highs for the move. Let's see if it can sustain, as it's acting weak again.
MA
MarcinO
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Posts: 5,506
Do you mean these bearish ABCDs it forms?
Originally posted by jimkane
Okay, things seem right now. They made it look like a dump on the 'retest', and now it's free to run. It's hit new highs for the move. Let's see if it can sustain, as it's acting weak again.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'm sorry, Marcin, I'm not sure I understand your question?
Originally posted by MarcinO
Do you mean these bearish ABCDs it forms?
Originally posted by jimkane
Okay, things seem right now. They made it look like a dump on the 'retest', and now it's free to run. It's hit new highs for the move. Let's see if it can sustain, as it's acting weak again.
