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MarcinO
Rep: 67
Posts: 5,506
The week close for ES was a bit shy off a typical W2 range, so maybe we will see a nice correction eventually, after a week of almost one direction market?
1840 with the timing shown below looks very unlikely, but just in case...


Click image for original size
es 2014 03 09 png
JI
jimkane
Rep: 3,058
Posts: 33,089
It's acting like that is as close as it will get. Hmmmm.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, lower part of area now hit. Now we see. One-day wonder? Right back up tomorrow? It should be an interesting Friday...
JI
jimkane
Rep: 3,058
Posts: 33,089
49.25... And look at how it hit it. But, it really needs to bounce in here, and I'm not writing off the one-day wonder, or a big attempt at it, at least.
JI
jimkane
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Posts: 33,089
Hmmmm, looks like Scott went from 'co-discoverer' of the .886 to sole discoverer?

http://www.blogtalkradio.com/everydayradio/2014/03/12/interview-with-investing-legend-scott-carney-founder-of-harmonictradercom
RA
rat89
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Posts: 7,015
thanks for your thoughts jim
JI
jimkane
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No problem, rat.
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rat89
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Posts: 7,015
crazy. seems like half the people want to say fibs are irrelevant and the other half want to take credit for their existence.

Originally posted by jimkane

Hmmmm, looks like Scott went from 'co-discoverer' of the .886 to sole discoverer?

http://www.blogtalkradio.com/everydayradio/2014/03/12/interview-with-investing-legend-scott-carney-founder-of-harmonictradercom
MA
MarcinO
Rep: 67
Posts: 5,506
Unbelievable...
Originally posted by jimkane

Hmmmm, looks like Scott went from 'co-discoverer' of the .886 to sole discoverer?

http://www.blogtalkradio.com/everydayradio/2014/03/12/interview-with-investing-legend-scott-carney-founder-of-harmonictradercom
JI
jimkane
Rep: 3,058
Posts: 33,089
Just woke up and checked my long-side bias potential one-day wonder setup. I'll be watching 60 and 65.75 areas very closely. I can't wait to see if it can handle here, and the ABCD slightly above first, though. One of these days the buyers just won't be able to come back in. But, overall, we aren't there yet, as far as I can see.
AL
albert
Rep: 99
Posts: 3,094
A second Kane TD ABCD BUY (completing at 0.685 fibo) was setting up, but price decided to form a small Kane EXP in the opposite direction, in the CD leg of the Kane TD ABCD. Simply Amazing!

Al Kamego
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rat89
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Posts: 7,015
Click image for original size
screen shot 2014 03 14 at 6 19 46 pm png