Premium Harmonic Intraday Charts for 03/07/2017

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Here’s ES, NQ, CL & GC 30 min charts at a glance (see charts below comments).

ES holding below its 30m 200 & if you look closely, the rejection of that sma had a very bearish bar as well as holding below 50/20 ma’s.  The current lil bounce is behaving more like profit taking or forming small ABCD.  Still looking for ideal tgt 2356 but any oomph has 2380 very important resist test.

NQ still holding inside Dp Crab Retrace GRZ lvls 5361.5 to 5337.5, price needs to break & hold outside of the zone for initial directional targets.

CL has shallow retrace of initial test of Crab PRZ, but in world of harmonics, the ideal completion is considered when all levels of the pattern have been tested, which is 53.69.

GC testing sm green Bat PRZ which happens to be inside the larger teal Alt Bat PRZ between 1226.3 to 1221.8.  A retrace of small pattern is noted with T1 & T2 but the larger pattern’s GRZ Retrace targets are at the blue zone.

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