tesson22

tesson22

Ok, this may be a bit much, but I'm bored and there are too many kids upstairs...... Well, I love me some Fibs, so take a look at some of these. The two Cypher patterns, the 2nd smaller one is set to the exact same parameters (measurements) as the first one. The yellow line is the path that the market had been on, except COVID hit and the market got back on path...

tesson22

Here are my thoughts on what we see today on NYSE:ES / FWB:MES today 8/4/23. Think we are going to pullback this morning to a range of $4535-$4525 then a slow grind up to $4580 area. Then we will see a AH/PM push up to $4590 by Monday morning for another run down.

tesson22

What a perfect H&S Pattern. Levels I am seeing for Price Targets.

tesson22

M6B had a huge drop today and checks all the boxes on the change of structure, liquidity grab on both the 4hr and 15m charts. On top of that the .618 (Orange) is right at the $1.2641. If this breaks into the grey box below and does not close below $1.2609 then it is a really good solid play. I put the PT at $1.2755 which was yesterday's close, but the .618 on...

tesson22

Looks like all the boxes are checked thanks to the huge move up right at the bell.

tesson22

The .786 level (4156.50) is where the reversal entry is for a Cypher Pattern, which has been hit several times over the past few days. We are currently in a rising wedge pattern and about to break below it.

tesson22

Looks like APRN is trying to get above that $1.10 level again

tesson22

GNS Always click on different timeframes, After Hours, Regular Market Hours, never know what you will find....