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MarcinO
Rep: 67
Posts: 5,506
ES still in a decision area. So far it is still unclear whether the move down to 1818 was the whole correction or W1 / AB leg of a bigger pattern.
Structure of the last advance indicates that the latter is more likely to be true.

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es 2014 01 12 png
JI
jimkane
Rep: 3,058
Posts: 33,089
They just want to sweep that so bad. Just get it a little below for now. If it really gives way, that means something different.
JI
jimkane
Rep: 3,058
Posts: 33,089
There it is!!!
MA
MarcinO
Rep: 67
Posts: 5,506
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es 2014 01 13 2 png
RA
rat89
Rep: 0
Posts: 7,015
almost to the 1.127

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screen shot 2014 01 13 at 3 14 07 pm png
RA
rat89
Rep: 0
Posts: 7,015
very close to the 1.128


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screen shot 2014 01 13 at 3 15 25 pm png
RA
rat89
Rep: 0
Posts: 7,015
this one is a beauty

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screen shot 2014 01 13 at 3 16 56 pm png
RA
rat89
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Posts: 7,015
line to line
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screen shot 2014 01 13 at 3 20 19 pm png

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screen shot 2014 01 13 at 3 20 32 pm png
MA
MarcinO
Rep: 67
Posts: 5,506
Two area for ES.

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es 2014 01 14 png
AL
albert
Rep: 99
Posts: 3,094
Kane EXP ABCD completing at 0.300 fibo. Kane Trading Rocks!!

Al Kamego
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k438 png
JI
jimkane
Rep: 3,058
Posts: 33,089
Last night, right after the European open, I was checking and I was going to post a note that it looks like the rise has started, and that the 'one-day wonder' might be ready to reverse. Here we are, and they made back pretty much the entire drop. Same old, same old. Great for trading, but just sooooooooooooooo stoo-pid.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yes, with the B point at the .300. Totally random, yeah, right. It was too much to ask for this to be a 'W3' into the close. But, I can at least dream...

Edited: Corrected 'A' point above to the correct 'B' point.