RA
rat89
Rep: 0
Posts: 7,015
awesome reaction area
Click image for original size
Click image for original size
Click image for original size
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size
Click image for original size
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
It seems they are going to repeat it.
Originally posted by jimkane
ES just grinding up to my area. How about a run there, bring it in off that for better prices in the AM, and then up and over to new all-time highs, again. I'm still watching for that possible fractal from the higher timeframe and a deeper pullback, but it probably isn't what is unfolding.
MA
MarcinO
Rep: 67
Posts: 5,506
If they gonna play again this 3D scenario I would really like 83 area to be hit.
Click image for original size
JI
jimkane
Rep: 3,058
Posts: 33,089
Wow, lots of great charts and ideas. This is the kind of forum I like to see.
JI
jimkane
Rep: 3,058
Posts: 33,089
And yes, 83 is what I'd like to see for the fractal. But recall Armstrong's call for a 'correction' the first week of Sept. I am very wary (not because of Armstrong) that this is due for something bigger.
JI
jimkane
Rep: 3,058
Posts: 33,089
Here's the curious thing. I posted this on Aug 28:
"...but otherwise, not much until about 2012..."
So, it didn't happen then, it rolled up and down into that 3D, but then it did a 'throw over' and stop gun, but to where? 2011. I doubt that is coincidental that it went right to the level I was looking at before. As far as the fractal, understand it sometimes does them exactly the same, but many times it doesn't repeat, but rhymes, like history. Last time it did the 3D, then did a flat and popped up, then flushed down. Now it did the 3D, but popped directly up, no complex correction, and is headed down. Will it flush to the area Marcin and I are watching around 83? Or will it mix it up this time and just use the support in here? Or maybe bounce and roll? I am still suspicious it may see 83, and to further mix it up, maybe dump a bit from there. But for now, I am studying the action of this bounce very carefully, for clues.
"...but otherwise, not much until about 2012..."
So, it didn't happen then, it rolled up and down into that 3D, but then it did a 'throw over' and stop gun, but to where? 2011. I doubt that is coincidental that it went right to the level I was looking at before. As far as the fractal, understand it sometimes does them exactly the same, but many times it doesn't repeat, but rhymes, like history. Last time it did the 3D, then did a flat and popped up, then flushed down. Now it did the 3D, but popped directly up, no complex correction, and is headed down. Will it flush to the area Marcin and I are watching around 83? Or will it mix it up this time and just use the support in here? Or maybe bounce and roll? I am still suspicious it may see 83, and to further mix it up, maybe dump a bit from there. But for now, I am studying the action of this bounce very carefully, for clues.