I'll start with Friday's HOD area indicated by Jim.



The first support areas for me are 53.75 and much stronger 49-50.

Now, I'd like to say the ES is ready to come out of this narrow after-market range, but I have found a different set of rules sometimes applies in the dead after-market. Not much may happen until close to the European open. But, there is a technical factor here, so I'm just mentioning it for giggles.

Well, it did come out for an up sweep at the timing factor, so that's cool to observe.

And there's the downside sweep now. Cool, it did follow the protocol this time regardless of the time of day, said Jim, creator of Jim's One Man Show.

I wonder if that area is going to produce higher reaction than this pullback to 52.

Two levels for the Aussie. I would prefer the lower one.

I just got up to check and see how the short side is playing out, and I'm happy so far. Although this KZ here is good, and the .447 level is just about tagged, right at a key backtest flow, I'd be watching the ABCD area and the two levels below it. Here are my areas (center of areas):

ABCD: 41.50-42.75

28.75-30.00

16.25-17.50

There is some good stuff here, but the ABCD level has some great lines, too. But, for me, I'm only looking for bounce areas to short. I'm not looking long side at all right now. That means either a) I'll get a vibe things have changed and I'll start looking long, and we know how fast that can happen for me, or b) I'll get wrong-footed as I look to push it until it breaks i.e. lean on the short side until it proves me wrong, which means getting wrong-footed at some point, maybe the very next setup. The main reason I am leaning so much to the short side is that everyone is saying this is a very buyable dip and higher prices are all but guaranteed. We'll see.

Back to the cot. The action in the overnight lately has been so good the cot is the only way for me to go...

Originally posted by MarcinO

I wonder if that area is going to produce higher reaction than this pullback to 52.

Click image for original size

I posted this area only to notice that we may see some reaction here but not to trade off it.

Must be about two hours, I just woke up again. Yes, Marcin, I understand that. I'm just trying to be very clear in my posts like I said I would try to do awhile back.

The .486 and a key price flow area at the high end of the ABCD area really produced a reaction, and now we see if it is indeed headed up, or if this is just a bounce in the downtrend. Trying to figure how they may work all this into the open, well, that's about my favorite thing to do (because it is very challenging), but I'm so sleepy right now I can't think at all. Too bad we have to sleep... I'm going back to the cot.

ha ha ha ha ha! Thanks jim ;)