Harmonic Scenarios for Wk of 8/06/18

2018-08-06_ES NQ CL GC D

2018-08-06_ES NQ CL GC Intra

ES & NQ Intraday are testing harmonic resistance levels implying stall or pullback.  Key support tests are the GRZ levels.  Above ES 2849.5 has ideal tgt 2884.75.  Above NQ 7467 then more important above 7306 has ideal tgt of 7652.5.

CL Intraday so far has shallow retracement of red pattern, implying retest of 69.36 region, abv there has ideal tgts 70.85 & 72.66.  GC Intraday had shallow retracement of green pattern implying a retest of 1213.9 region, dnside continuation tgt is 1204.8, price will need to get abv 1232.7 to shift intraday bias to up.


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