Es might be done at 65.75, with some support area over there, but there is much stronger level in high 30's, which is likely to work like a magnet.



I will also mention 1720, but I don't believe it will be hit soon, so if ever ES is gonna get there it will need more time, so most likely it won't reach that level in ABCD fashion.

Yep. I tried to be 'more clever' and thought they would reverse it a few points higher, hence I posted 37. Then I realized that sometimes it pays off to trade obvious, according to your methodology, set-ups.

Originally posted by jimkane

I can't get over how classic the AM low setup was as far as the methodology. It's been awhile since I've seen this clean of a trending setup like this. I'm not sure if I'm clear on this. Early AM low put in, pullback in an ABCD to a massive line confluence at expected Fibs and frequencies, with a TL stop run. Just the 'textbook' the chart's on my wall artwork play, right to the expected area. Gotta love it.

By 'sometimes' I meant that the area doesn't need to be elaborated carefully but incorporate key stuff, not that your methodology sometimes works.

Local resistance at 50-51 will give some information.

Stuff like this is why we are so doomed.

https://www.armstrongeconomics.com/history/europes-economic-history/britain-seizing-pension-funds/

As far as the ES, it reacted to the area Marcin posted, rolled right to the next lower degree bounce area, started bouncing right to an area, and started to roll. The coil is tightened, the fuse is lit, it's at the critical end of the coil. Now we see.

Seeing the pattern?

https://www.armstrongeconomics.com/international-news/europes-current-economy/largarde-wants-to-stay-ruling-the-world-from-imf/

Anyone like the Doors?

This... is... the... end...

Yes. This is why they are fighting so hard our new government. I am not their supporter, but one must be blind not to see how much propaganda is used to put them down for whatever reason.

Originally posted by jimkane

Seeing the pattern?

https://www.armstrongeconomics.com/international-news/europes-current-economy/largarde-wants-to-stay-ruling-the-world-from-imf/

Bamm!

Originally posted by jimkane

As far as the ES, it reacted to the area Marcin posted, rolled right to the next lower degree bounce area, started bouncing right to an area, and started to roll. The coil is tightened, the fuse is lit, it's at the critical end of the coil. Now we see.

Now, a real cool thing that frequently happens is if the Dow cash closes above the key level, and then they bring the futures down before they close to be the equivalent of below the key level. That not uncommonly occurs, and leaves one wondering...