140 replies to this topic

[iloli way]

Quote posted 4 days ago:

I'd expect a back test of 1330... for next thumb up/down move...

Minutes after mid-night on West Coast today, we tried to break 1329.65 with five 1-min bars and gotten rejected down all the way to the ES close 1315.15. That was good enough a "back test of 1330" for a "thumb down" action, wasn't it? See charts timestamps and prices:





Bulls did show still having a chance, to a break out of a "W" bottom marked in BLUE lines and target of 1351 in chart; even with a Triple "V" bottom OK too. Have a great long Memorial weekend!

[iloli way]

We are clearly above the Orange and also Red down trend TLs, so the bearish momentum is halted. In order to get 1351 and 1357, the two "W"s necklines breakout targets (see 2nd chart), we need to take out 1330.45 first; otherwise, more swinging between lines en route (see 1st chart).

Chart analysis based 4 hours ago:


Chart analysis based 2 days ago:

[iloli way]

20 minutes to ES close. Have a great weekend!

[iloli way]

HEADS UP! WHILE STILL CAN.

"SICKLE" IS FAMOUS TO HAVE HEADS KISS GROUND.

Chart clipped just moments ago:

[iloli way]

TWO DAYS AFTER SICKLE "HEADS UP ! "



FOUR DAYS AFTER ... A 67 pts SNAP-UP, HOPE YOUR HEADS SAVED BY MY WARING.

[iloli way]

Next possible target 1416, once 1334 gives way to the bulls. Pull back now should rebound from Purple TL, otherwise bottom of Red Sickle must hold for bulls.



Just remember you hear it here first.

Have a good weekend! ( i know it's only Thursday, but i've shown enough )

[iloli way]

YESTERDAY'S ANTICIPATION:

Posted Yesterday, 12:52 PM
Next possible target 1416, once 1334 gives way to the bulls.
Pull back now should rebound from Purple TL,
otherwise bottom of Red Sickle must hold for bulls.

TODAY'S REALIZATION: REBOUND RIGHT-ON PURPLE TL

[Geomean]

Great charts iloli !! Thanks for sharing. It's really appreciated. Super calls.

[Echo]

Very nice charting iloli. Appreciate your real time FFs. They have been spot on and no, that wasn't difficult at all for me to say, lol. The 5 point inaccuracy in the quarterly rollover as the SP contracts change is a reality for this charting service (and another one will come this coming week) but who cares as you once said since it does nothing to slow you down. Great work. Doc

[Echo]

Iloli,
Here is the quarterly adjustment on forexpros we have spoken about before.
Friday, SP closed on top tick AH at 1329.45. You see it on your chart above that you posted Friday after the close. Now two days later on Sunday they have suddenly switched to the Sept contract, but left the charting values for the June contract up through Thursday and for the AH on Friday, we now have a big red bar at the close instead of the real big green bar up to 1329.45. Now the close reads 1322.75 to 6.7 points lower. The same thing happened back in March on that rollover and again in January. Each rollover has a sudden aberration of 6 points lower on all the index futures charts that are not real. Again, this only affects longer term charts and by a small percentage.
The only reason I post it is that you once asked me to show you what I was talking about. Well here it is.

Best to you.
Doc