98 replies to this topic

[iloli way]

Another save ??  LOL  !

[iloli way]

That last chart was at 3.5 hours before close, if you had the same line on your screen you'd have spotted it instantly with me, 10 quick points right there in less than 60 mins...

 

Friday closed below the 4th thin line (translate = BD of 4-tier bearish flag) after two days of closing above it, sign of weakness at the end of day again, so more selling pressure to come is technically easy guess. A BO/BD of this thick RED WEDGE is just days away as the coiling tension mounts. Bearish as long as flagpole still flying this 4-tier BEARish flag :

 

Edited by iloli way, 08 October 2016 - 05:21 PM.

[iloli way]

fox trout in 4tier bear flag context undergo the sticksave operation of sideway...

 

 

You can see clearly bulls are pushing for another break out of this side-way box, as arrows pointing at identical parallel GPS  momentum positioned to take out 2170 before targeting 2190. They can push, one line at a time as I detailed before.

 

And bears are checking GPS that price won't drive north of the 4-tier bearish flag and break it down instead.

 

This is the "Slick 'N Sleazy" Fox Trout update, the point is when did you discover this pattern and how do you respond to those lines, not when you think you can predict 'when' it will happen, just to drive my points one more time: TIME is HARDER than SPACE to be known...

 

[iloli way]

I have said every possible turns during the week and none so far have markets gone out of my GPS forecasts.

 

Go back and re-read if you are unsure, I don't need to repeat myself.

 

Line rules ! I am still humbled.

 

Have a great wknd.

 

Updates:

 

.

still playing MY  PONG game LOL!

 

[iloli way]

 

Posted 04 October 2016 - 08:16 PM

 

range between two wedge TLs still offers plenty upside playground to trad btwn lines

 

[iloli way]

I believe I have nothing else to say, all said since day one of this topic, unless surprises, just watch LIVE actions with my lines, so long , i'm taking a break from posting!

 

[iloli way]

Just hours after I announced taking a break, this BEARish 4-tier flag and Thick Red Wedge got a break down BD!

 

The Fox Trout steps BD from the Sideway Box and dismantled the BO 'Repeat Mode'.

 

The 'structure' and 'context' enforcing bear power and the flagpole of this bear flag withstood the bull's bully attempts proved once again these ARE the Laws Of Line !!

 

We have had five entry points (arrows) to short/stop since I posted last two charts.

 

This thread demonstrated one more time with my usual way how to trade lines and patterns.

 

So a perfect wrap-up again and may I take a break now... the rest is history, LOL  !

 

 

Posted 22 September 2016 - 08:17 PM

R2K and ES futures forming hourly BEARish flags (in precision lines) since 9/11 bottom :

 

Posted 27 September 2016 - 06:38 PM

 

Breaking down this 4-tier BEAR flag at the bottom of "box" will bring in 2108 and 2100.25 as shown... get up and work monkeys!

 

Posted 28 September 2016 - 04:16 PM

 

The 'fox trout' inside structure of 4-tier BEAR flag : 1- up, 2- down, 3- up with bear flag, 4- sideway  (then Repeat)

 

So next will be close to a sideway... then repeat trout steps one more time, but still trading between the two top and bottom TLs; or finally come down to fulfill this bearishness embedded and break this sucker down.

 

Posted 04 October 2016 - 08:16 PM

 

Lets talk about thick 'wedge' of next updated chart first :

 

Bulls need to recover solidly on daily close basis one next line at a time : first immediate line - [the 4th hourly thin TL the 5hr blue lower TL and daily blue D-LINE] are all the same trend line which got cracked is HUGE; then the 3rd hourly thin TL; then the upper TL of the thick red wedge.

 

Context and structure proven so far still making "downside targets magnetic" 2108, 2100, which is bearish.

  

Overall, until left side flagpole is taken out, bearish.

 

Edited by iloli way, 13 October 2016 - 12:01 AM.

[iloli way]

RUT cash close:

 

I can just present the present circle 'LARGER' from here http://www.traders-t...game/?p=752354

 

until one more real RO5 of the Blue upper TL sez I no longer can. http://www.traders-t...-game/?p=751248

 

 

Wait, I must update this too, right? Can you see that the last circle's large enough for that 'Hook' ?

 

[iloli way]

Ms Price called me: "Don't tell me you didn't see that !" So what? today's low 2107.75 hit where the first downside target? "You can't take break without me nodding." OK OK... same routine, took partial profits when target 2108 triggered it ...

 

  ...and then reloaded shorts higher when R2K rejected at kissing back (arrow) the BD line - get above it or more slumps coming...

 

Edited by iloli way, 13 October 2016 - 10:37 PM.

[Rogerdodger]

Nice.