On the way to 40s area, there is also substantial resistance around 2020.
It includes two sublevels: 22-24 and 13-14, below which ES finished Friday.

You don't think it will bounce in here at all?

Originally posted by MarcinO

Pound has just finished backtest of lines 1.4095. Time for next leg down?

I would give it 1.4111 at best and then down.

Originally posted by jimkane

You don't think it will bounce in here at all?

Originally posted by MarcinO

Pound has just finished backtest of lines 1.4095. Time for next leg down?

2.50 point range for well over an hour. I hope this isn't a vision of the future after they turn the machines off (in reality, they will never turn the machine off, I think). I can see me yelling, all crazed, 'Turn those machines back on! Turn those machines back oooooooooooooooon...', echoing to the empty trading pit, just like in the end of 'Trading Places'. I have a vision in my mind of my better half, started awake by my waking up in a cold sweat, screaming this ...

Now it looks like making last pushes into that zone. But I have no idea why it reacted off 1.4060. I have some lines at 30-40 only.

Originally posted by MarcinO

I would give it 1.4111 at best and then down.

Originally posted by jimkane

You don't think it will bounce in here at all?

Originally posted by MarcinO

Pound has just finished backtest of lines 1.4095. Time for next leg down?

Okay. I found some short term stuff there.

Put on that set from the 240-min around that Jan/Feb rise (the one that gave us the high), and then do an offset line above the upper // and below the ML and you'll see what I was looking at.

Originally posted by MarcinO

Now it looks like making last pushes into that zone. But I have no idea why it reacted off 1.4060. I have some lines at 30-40 only.

Originally posted by MarcinO

I would give it 1.4111 at best and then down.

Originally posted by jimkane

You don't think it will bounce in here at all?

Originally posted by MarcinO

Pound has just finished backtest of lines 1.4095. Time for next leg down?

Keeping in mind the margin of error for a line from that timeframe, of course.

Thanks. Got it plus some other lines.

Originally posted by jimkane

Put on that set from the 240-min around that Jan/Feb rise (the one that gave us the high), and then do an offset line above the upper // and below the ML and you'll see what I was looking at.

Originally posted by MarcinO

Now it looks like making last pushes into that zone. But I have no idea why it reacted off 1.4060. I have some lines at 30-40 only.

Originally posted by MarcinO

I would give it 1.4111 at best and then down.

Originally posted by jimkane

You don't think it will bounce in here at all?

Originally posted by MarcinO

Pound has just finished backtest of lines 1.4095. Time for next leg down?

You have the 3/8 line from the natural set, right? Same offset.

Originally posted by MarcinO

Thanks. Got it plus some other lines.

Originally posted by jimkane

Put on that set from the 240-min around that Jan/Feb rise (the one that gave us the high), and then do an offset line above the upper // and below the ML and you'll see what I was looking at.

Originally posted by MarcinO

Now it looks like making last pushes into that zone. But I have no idea why it reacted off 1.4060. I have some lines at 30-40 only.

Originally posted by MarcinO

I would give it 1.4111 at best and then down.

Originally posted by jimkane

You don't think it will bounce in here at all?

Originally posted by MarcinO

Pound has just finished backtest of lines 1.4095. Time for next leg down?

Yes, I have this one.

add modified schiff set - solo and on prior chart in aqua