I think that ES is likely to hit a huge area around 1960, with two subgroupings at 53-58 and 67.

Goes right to the area I posted after dropping 54.50 off the previous area (all numbers 'by my data'). Bounces to the KZ (which I pointed out (I state the obvious here not to brag, but like I was explaining this to a newbie)), and then drops over 45 points, right to the next key area (do the work), then up over 47, as they attempt to take out the previous KZ bounce high, and it comes in. To where? The KZ of the last monster pump up, which it 'sees'. As roofer used to say: 'And so it goes...' I've been playing this game a looooooong time.

Originally posted by MarcinO

And so it happened. Over 40 pips down right off .447. All within one hour.

Originally posted by jimkane

Yawn. Trying to stay awake here. Good thing I got a big nap, but all this late night stuff is wearing me out. What can I do? I was waiting on the area, then it just started grinding up slowly. The low? 85.50. Nah, I've not been at this game very long, now have I? Up 23.25 by my data so far. Sure, one can trail a stop, and that is my SOP approach to a situation like this, but it's far from optimal. My preferred management style is 'active' as opposed to 'passive'. Anyway, keep an eye out in here, as this is the first real 'key area' it might not be able to hack (the KZ, of course). It's all about their intentions now. My preference is a monster dump and resumption of the downtrend. Hard. I've about had it for tonight anyway, as far as staying awake.

Originally posted by jimkane

Anyway, the key area is from here down to perhaps 85. 85-89. The key .447 is at 79.32, but it's the outlier. I'm ready.

Those are a lot of nice charts, there, rat.

Talk about good, though, rat. Of course they made it look weak here. Of course it chopped. Because 'they' knew they were about to explode it almost 40 points straight up. Same old game, just a different day. Or should I say same old game, just a few hours later...

Originally posted by rat89

they are really good. Bear abcd followed by bull abcd, then chop. Sure looks as though it's going to dump though.

Anyway, I rather suspect I am going to be long side bias for awhile now... I don't want to be, I really want this to head down from here, but my spidey-senses are telling me this might be getting ready to get stoo-pid on us.

I'm looking around 2020-30 area next, if this gets going. Makes me sick... Time to quote roofer again: 'Just hold your nose and take the trade'.

they ignored the .886 the first time around yesterday, and nailed it the second time (blue arrow)

Originally posted by jimkane

Anyway, I rather suspect I am going to be long side bias for awhile now... I don't want to be, I really want this to head down from here, but my spidey-senses are telling me this might be getting ready to get stoo-pid on us.

amzn then and now

What can I say about today? Awesome, insane, same old, same old? I am so glad that feeling I got they were about to gun it up (on the higher timeframe) was indeed the con, the hustle, the game, the old make it look strong right before they crater it dealio. In 'the old days', I feel, I could tell like almost every time the true intentions. Now I probably could do that, too, I feel, if I just accepted it's almost always a trap to suck you in. It's almost always going to do the opposite, big time, than what they make it look like, if they are making it blatantly obvious. Regardless, I mentioned I prefer they dump it hard, and I got my wish. I always try to trade what I see unfolding, not what I suspect might happen. I never marry a position, or an idea.