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Downside Done 10/11/21

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Ok. I'm sticking my neck out. But the 5 day cycle projection has been hit on the S&P futures in overnight trading in Aids Ya and Your Rope. And there's a wee bit of a possible bottom pattern in the price graph and hourly oscillators. 

Yes, this could fall apart. The levels to watch on the ES are 4370 and 4360. If they give way, bears should have the ball until  4335 or so. 

Conversely, if it clears 4395, it would be set up to go significantly higher. 

tvc_7da453d8b9a017d22ca0912c6ae66a41.png

This is just the intraday look. For more: Head and Shoulders Above

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59 minutes ago, DrStool said:

If this were a daily chart it would be a bear market. 

tvc_643f7af13bf180d7239f4198a23dfcd8.png

It's 2 hour bars. 

It's a fartcall. 

Good night, and good luck. 

Come to think about it, giant reptiles heading downhill is a a rare thing. I won't call it a pattern.

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