I'll start it off.
My opinion is that 31-35 level for thes ES, posted on the 1st Jan., is even more worth attention given the structure of the correction, especially potential 3Ds into this area.

I figured I'd mention it now because it might be done, and if I don't report it soon I'll be doing an after-the-fact post, which I try to avoid if I can. Not that it matters, since I didn't do what I usually do, which is mention the area clearly, way in advance. But, like I said, I'm kinda burned out right now on posting. Over twenty-seven thousand posts can do that to a person...

Lotsa, lotsa stuff right here, especially line-wise...

Given the RTH is over, I doubt this will do much, but it might drift lower a little tiny bit as they wait the totally fake big jobs report tomorrow. If it was going to go down a tiny bit, this could be the expected pop up shakeout here. But, best case scenario this is likely a scratch. I will be watching it closely. It was a worthwhile shot, for the highly-skilled trader, in my opinion.

BTW, CMG literally exploded off the low, smokin' another new all-time high, up over 74 in well under 48 hours, low to high. Insane...

it shows how key that area was at the low

Yep. Quite curious, dontcha think, how the Fed comes right in to jawbone, over and over, right at the precise key points shown by our work. Hmmm....

Originally posted by rat89

it shows how key that area was at the low

roofer once said gln.....geometry leads news

Originally posted by jimkane

Yep. Quite curious, dontcha think, how the Fed comes right in to jawbone, over and over, right at the precise key points shown by our work. Hmmm....

Originally posted by rat89

it shows how key that area was at the low

Just look at that 5-min ES ledge. Give it to me, baby. Unfortunately, all it is likely to give me is a stop run shakeout game...

From last night. And it did happen.

Originally posted by jimkane

This is going to be so obvious. Now watch. You can see it coming, right?

And there's the stop run, as expected. Now we see if this grinding short is going to pay anything decent or not.

Closed on the low tick for the move, a drop of 13.50 points. Not bad.