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    MarcinO
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    Posts: 5,506
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    Starting it off.
    RA
    rat89
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    sure, why not?
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    (Edited )
    The ES sure wants to rise off this little bullish ABCD, and I sure want it to fall.
    But I think it will rise.
    JI
    jimkane
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    Die, pig, die!


    Originally posted by jimkane

    The ES sure wants to rise off this little bullish ABCD, and I sure want it to fall.
    But I think it will rise.
    JI
    jimkane
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    You sure can see the two levels on that chart.


    Originally posted by rat89

    Click image for original size
    screen shot 2015 10 14 at 10 32 33 am png

    Originally posted by jimkane

    Yeah, the old W4 can't trade into W1... But proportionately I can't imagine it getting anywhere near that level and then hitting new all-time highs and acting properly for a W5. Mid to upper 1600's I could see. But right in here is balanced with W2, which is why I think it could go up from here for W5 (after some additional probing/testing, but I think the better odds say no).


    Originally posted by rat89

    yes, it has to stay above 1371

    Originally posted by jimkane

    So, rat, you are thinking a W4 on the run from 2009 and a W5 up to new all-time highs after the W4 completes?



    JI
    jimkane
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    (Edited )
    I may have just brought about a death knell to that short with my comment...



    Originally posted by jimkane

    Die, pig, die!


    Originally posted by jimkane

    The ES sure wants to rise off this little bullish ABCD, and I sure want it to fall.
    But I think it will rise.

    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
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    Did you see that essentially perfectly executed blast up sweep fake to get 'em in, scare out the shorts, and then swoooooosh down? It was a 10 out of 10 for style and execution. They didn't fool me. To them I say F%#$ YOU! And I rarely (if ever) use capital letters in writing, as it is about as obnoxious as it gets. This is worthy of an exception.
    JI
    jimkane
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    The bigger bullish ABCD retest here, now this is critical, and I am wary of it.
    JI
    jimkane
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    (Edited )
    Bearish flat/4PT ABCD and now down and through the low. That's what I want, anyway. I'm sure 'it' wants chop and then up.
    JI
    jimkane
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    Well, the ABCD did play out and set a new low for the move, but will it do any more? This could indicate it's done now.
    JI
    jimkane
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    C'mon, flush and give it to me, baby. I want some real action here (although the read on the short was quite good there, in my opinion).
    RA
    rat89
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    Posts: 7,015
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    charts to end the week:

    Click image for original size
    screen shot 2015 10 17 at 1 04 30 pm png

    Click image for original size
    screen shot 2015 10 17 at 1 06 35 pm png

    Click image for original size
    screen shot 2015 10 17 at 1 12 22 pm png

    Click image for original size
    screen shot 2015 10 17 at 1 15 06 pm png