No one else did it, so I'm kickin' it off.

possibly done, or close to done? note the big C=A is at the big .382 of the move down from the high a few years ago...

68.75. Like I said, I just couldn't see how they would get away from testing that.

Originally posted by jimkane

68.50-70.75. I mention this because it is such an immense confluence of lines, and is in the KZ from the big key swing point. That doesn't mean it has to get there, but it would be interesting if they didn't play with that. Look for reasons why they might not (like why might it be moving down off the current area).

I would be surprised if they could get over this without difficulty. Notice there are two clear areas overhead around 80.25-82.00 and 92.00-94.50. I am posting these to encourage everyone to at least look for those.

Recall 94.25 is that key swing point to the left.

right in the area and very close to a dollar up, gdx down, spx down setup?

That's what I am hoping for. Right now the buck is persona non grata, and they are hammering it. I can't see the market, crude, or gold turning down until the buck resumes its ascendancy. And your chart shows a way that could happen.

Originally posted by rat89

right in the area and very close to a dollar up, gdx down, spx down setup?

Click image for original size

So, anyway, after the initial shakeout the ES did, it rolled into a zigzag ABCD, which was what sent this up to my posted area. They did a great job of getting all the amateurs off if before they put it up there. The question is, did it rise into and then stop because said amateurs then jumped back in? If so, we likely won't be seeing any higher areas until they are shaken off once again. But, I still think this might be a significant area, too,

As an aside, my 'timing factor' says this may come out of this 'consolidation' in here very soon.

And once again the timing factor plays out.

Originally posted by jimkane

As an aside, my 'timing factor' says this may come out of this 'consolidation' in here very soon.

I'm off to a horrible start with my 'limited posting' desire.

Don't be shy about posting JaLee. If you come back to the posts from 2011 when I joined the forum you will see that I couldn't do anything more than finding ABCDs in all directions, yet I decided to post charts and treated it as part of my trading education. Besides, I think we all have a slightly different specializations, rat posts CFDs mainly, you are following ES as far as I know, and I major in FX, especially the Pound. So it will work to advantage of all of us if we cover as much markets as possible.

Originally posted by JaLee

Yes I am very sad that he is no longer going to be posting here. I can't believe the wealth of information available on this forum. I do appreciate everybody's else posts as well. I will absolutely still be reading and learning from everybody here, but since I am fairly new to the KT Methodology I'm not sure how much I can contribute to others; but I would like to still be involved.

Originally posted by MarcinO

As we could all read yesterday, Jim considered seriously quitiing the forum after what has been happening in public area for the last few weeks. Today he eventually decided to quit and asked me to inform everyone about that. Sad but true...

Every user of private area will still have access to it, but from now on we are on our own.
I am going to post as time permits and I am almost sure that rat will do the same. What about the rest? JaLee?