Oil has flat expanding triangle, bearish in next move.
Signs are bullish: In two big oil fut run-ups last month, they had initial run just as today and 1.5 points retracement then run up again 3+...
If it passes 20, we may see 15 or 07 tonight.:p
on 30m chart, crude oil future forming a upside down flag, and just failed to touch up edge. Free fall is imminent??:confused:
forming a down (bearish) triangle on 30m chart.
My mistake.
Sell-off tomorrow for the long weekend? :confused:
December gold future is forming a symmetrical triangle and tipping off, indicating a decision time is soon.
All the indicators point to going either ways. and vix is up, indicating a major move is brewing.:confused:
8:30 during goods data is a stronger factor, may have leaked out and ES is turning south.
Light Crude forming a bullish triangle, may bring ES with it.
the market is a jungle! The fittest lives!
Wrong!
Expect reversal @ 1015ish
Here you go! A break down. We are going to have around 3 days of down trend, and may tag today's high at the beginning of this process, if it is...
Most recent big ES price swings are characterized in wedges.
Actually, it is part of a much bigger one. is it going to have a big drop soon, 20points? Notice it failed to touch up edge, indicating the...
A wedge, will break downward?
The market is at pause, waiting for 11am t-bill news?
Intriguing stuff! If you know the market this well, there is no way you do not make money from it.
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