I Don't Just Call It

 

Posted 11 May 2016 - 06:15 PM

ES morphed into one of the most bullish potent pattern - the last top got dragged into picture - if upward BO, target 2105 - BD 2030 to negate. (compare with last chart, see the magic how)

 

Posted 22 May 2016 - 01:13 AM

This week closed still within the same major Hourly Bullish (Descending Megafon) pattern adding within itself a smaller identical pattern like a baby Kangaroo sleeping in the pouch.

 

I think this 'double whammies- mother and son' still aiming high at old target 2105 mentioned earlier in week. To do that a BO of Red TL and my Dunk Zone must take place on this way up in next two weeks.

Tomorrow will be the last day of what I said "next two weeks"; BINGO ! Target 1205 hit and run by a 1min bar half hour ago, just in time...

I don't just call it, also loyally faithfully trading my lines and clean up after myself.  LOL!

What's next? you might ask, but that's for wiser posters here to tell us. I'm wrapping up my last call of last series of my "per Perfect Game" and bow myself out...LOL!

I took a shot at a Wednesday top. I have been extremely busy since the middle of last week and that will continue through next week......then it all changes. I knew last night that the attempt to sell it would probably fail because of a required SPX print of 2105.95 (now up to 2106.7).....but just had no time to post. I could make a case right now for a Monday (6th) or a Tuesday (7th) turn but just don't have the time to wrap my head around it. Won't post again until after next week.

thanks CW- per your chart - it looks like  it is saying struggle at the 2105 but the measured move wouldnt end until another 25 points north.

Edited by dasein, 03 June 2016 - 07:55 AM.

Trannies getting pounded this AM....

SOX trying for the bearish engulfing after printing the Hangman yesterday....

Hourly close under 17,700 on YM should flip hourly back into bear mode....

GS testing the very important May swing low at 155 area...

Nothing but air below now on multiple time frames if that low fails to hold....

Indexes still holding up amazingly well, considering the rampola in TLT over last few days

let's see if that divergence starts to come in this PM....

Edited by K Wave, 03 June 2016 - 11:18 AM.

It's ironic for Price to kick off the SQUEEZE minutes after I called/posted it on 5/19; same ironic to hit my target 2105 only to be smacked down by another NFP news.

To really wrap up this 2105 reactionary move, lets look just this section of the roadmap.

1.) Target 2105 is well respected, which is good for LOL using it as order-trigger-line (long/short/stop).

2.) Two Green lines forming Broadening Top (not reliable pattern) under 2105, but still is above my Dunk Zone (73~85), so one more BO of 2105 and then to strike a new all time high 2134+ can still be in play as long as my DZ not broken down for good.

3.) VST wise, I can't ignore the fact Friday's smack-down gave us a flagpole, the follow-up buying made a Blue Bear flag flying up that flagpole; this warrants more selloff to come VST, and if join forces with the Green Broadening Top making a The Top here can't be ruled out either...so,

thank you "wiser posters" for your opinions, good luck!

Edited by iloli way, 04 June 2016 - 07:11 PM.

I have some nice lines for you!