Premium Harmonic Intraday Charts for 04/05/2017

When intraday levels or patterns are exceeded or invalidated or you want more detailed analysis, please refer to charts posted for the week, click here

ES_F in between emerging Shark & Bat w/ nearest Line in Sand lvl at 2366.75.  Above there would invalidate green Bat & focus on green ABCD as well as red Shark PRZ at 2380.75 to 2388.5.  Initial sup test is top of green GRZ 2348.25 but once price can hold below 2340, the probability of completing Bat at 2323.25 increases.

NQ_F in between opposing patterns w/ nearest Line in Sand at 5455, above there invalidates green Bat & focuses on tan Dp Crab at 5461.75 or larger brown Gartley.  As long as price holds below 5455, the green Bat remains in play, increasing in that scenario below 5440.

CL_F red Alt Bat surpassed, ideally looking for red Crab at 52.07 or Shark PRZ at 53.55.  Watch for momo to come out of OB zone before anticipating pb or Retrace Mode.

GC_F invalidated green emerging Bat, but I’ll keep Shark in play as long as price holds below 1261.1 SL, otherwise a hold above there I’m looking for ABCD tgt 1278.5.

Have a question about an instrument not listed?  Just ask me.

Trading involves substantial risk and is not suitable for all investors. Past performance is not indicative of future results.