DrStool Posted October 14, 2021 Report Share Posted October 14, 2021 Here's the 2 hour bar chart on the ES S&P futures. Looks real bottomy from here. If they get clear of 4397, look out above. Next stop 4420, and wait to see how the pattern around there shapes up. Consolidation, or top. Meanwhile, when we zoom into the 1 hour bars, you can clearly see the fartcals. It's so clear, it's almost as if someone could draw ovals around them. The 5 day cycle projection is currently 4410-15. The hourly oscillators are still bullish and have running room. This is just the intraday look. For more: Head and Shoulders Above Get the big picture in your inbox every weekend. If you are a new visitor to the Stool, please register and join in! To post your observations and charts, and snide, but good-natured, comments, click here to register. Be sure to respond to the confirmation email which is sent instantly. If not in your inbox, check your spam filter. Link to comment Share on other sites More sharing options...
DrStool Posted October 14, 2021 Author Report Share Posted October 14, 2021 Duly noted that if they don't get through 4397, we'd have an intact downtrend. Link to comment Share on other sites More sharing options...
DrStool Posted October 14, 2021 Author Report Share Posted October 14, 2021 Everybody loves a bull market. Link to comment Share on other sites More sharing options...
DrStool Posted October 14, 2021 Author Report Share Posted October 14, 2021 Except us, obviously.. 😄 Link to comment Share on other sites More sharing options...
PullMyFinger Posted October 14, 2021 Report Share Posted October 14, 2021 Holy crap, UNH. Link to comment Share on other sites More sharing options...
DrStool Posted October 14, 2021 Author Report Share Posted October 14, 2021 Pyreful bullish pattern now reads 4460 on the 5 day cycle projection. Link to comment Share on other sites More sharing options...
DrStool Posted October 14, 2021 Author Report Share Posted October 14, 2021 Resistance is indicated at 4440 or fight. Link to comment Share on other sites More sharing options...
Jimi Posted October 14, 2021 Report Share Posted October 14, 2021 43 minutes ago, DrStool said: Resistance is indicated at 4440 or fight. Resistance is futile. At 4440, they fold. Link to comment Share on other sites More sharing options...
DrStool Posted October 14, 2021 Author Report Share Posted October 14, 2021 Did I happen to mention this morning if the pre market pattern was scary bullish? I don't remember. 😄😄😄 Link to comment Share on other sites More sharing options...
BreakOut Posted October 14, 2021 Report Share Posted October 14, 2021 Substantial resubstantiation. Link to comment Share on other sites More sharing options...
Recommended Posts
Archived
This topic is now archived and is closed to further replies.