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MarcinO
Rep: 67
Posts: 5,506
Starting it off.
ES is breaking out of range. First resistance, on daily TF, around 2230.
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MarcinO
Rep: 67
Posts: 5,506
55.50 on the open?

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es 2016 08 04 55 50 png
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MarcinO
Rep: 67
Posts: 5,506
Cable struggling at 1.3120. Correction to 1.32 ?
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MarcinO
Rep: 67
Posts: 5,506
The chart for Cable.

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6b 2016 08 04 3 png
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MarcinO
Rep: 67
Posts: 5,506
Is that move to 62, in the ES, is a C point of ABCD to 55.50?
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MarcinO
Rep: 67
Posts: 5,506
Look at that panic drop off C point! Perfect manipulation?
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JaLee
Rep: 0
Posts: 103
I was thinking it may be a possible C point at the time you pointed it out, but I didn't expect that to happen...

Originally posted by MarcinO

Look at that panic drop off C point! Perfect manipulation?
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MarcinO
Rep: 67
Posts: 5,506
Right. At that point that was only a possibility.
Originally posted by JaLee

I was thinking it may be a possible C point at the time you pointed it out, but I didn't expect that to happen...

Originally posted by MarcinO

Look at that panic drop off C point! Perfect manipulation?

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MarcinO
Rep: 67
Posts: 5,506
Watch that TL backtest at 57.75.
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MarcinO
Rep: 67
Posts: 5,506
That TL sent it down. 52-53 next.
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MarcinO
Rep: 67
Posts: 5,506
I have just adjusted the chart. 53.50 is the key level here.
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MarcinO
Rep: 67
Posts: 5,506
Rising again. 81.50 and 86 are my next levels.