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MarcinO
Rep: 67
Posts: 5,506
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.

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es 2016 03 13 png
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jimkane
Rep: 3,058
Posts: 33,089
Okay, something may be up.
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MarcinO
Rep: 67
Posts: 5,506
Cable gets going.
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jimkane
Rep: 3,058
Posts: 33,089
Let's see if the ES dumps off this bearish 'W2' ABCD, or if it is just more rolling chop. Watch around 39 here for a clue.
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jimkane
Rep: 3,058
Posts: 33,089
Pretty exciting day, huh? This week and last are like night and day...
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MarcinO
Rep: 67
Posts: 5,506
Exactly.
Originally posted by jimkane

Pretty exciting day, huh? This week and last are like night and day...
RA
rat89
Rep: 0
Posts: 7,015
never seen this pattern before....wonder what it is....

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screen shot 2016 03 18 at 1 10 24 pm png
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jimkane
Rep: 3,058
Posts: 33,089
I'd like to think maybe this is going to pay off and do some real selling.
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jimkane
Rep: 3,058
Posts: 33,089
Nope, never seen that before. I hope it plays out...


Originally posted by rat89

never seen this pattern before....wonder what it is....

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screen shot 2016 03 18 at 1 10 24 pm png

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jimkane
Rep: 3,058
Posts: 33,089
I don't want to jinx it, but 'Die, pig, die!' Okay, I guess it will rise from this exact tick now, right?
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jimkane
Rep: 3,058
Posts: 33,089
Watch this 34.50 very closely.
RA
rat89
Rep: 0
Posts: 7,015
add modified schiff set - solo and on prior chart in aqua

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screen shot 2016 03 19 at 6 37 37 pm png

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screen shot 2016 03 19 at 6 34 58 pm png