Premium Harmonic Intraday Charts for 04/13/2017

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ES_F did a great job of filling in some imbalance from prev day but basically where price can brk & hold outside blue GRZ is what we’re looking for to increase probability of testing noted directional tgts. There’s a dbl PRZ between 2324.25 to 2320.25, this will be very important sup test.

NQ_F in an STRg8 Alt Bat PRZ as well as STR20 Bfly PRZ, if buyers cannot step up to the plate here, ideally I’m looking for brown ABCD tgt 5327, increasing in this scenario below 5358, it would be at this juncture that the brown emerging Gartley would be invalidated. The pull is to dnside unless can initially hold above 5385 but then more important above 5412.75.

CL_F approaching smaller of  dbl  ABCD,PRZ53.69, this will be a key resist test & 53.26 SL is key sup.  Note this ABCD correlates w/ 4Hr Shark PRZ, adding importance of resist, if does rejct, ideally looking for 50.3 tgt for 5-0.  Upside continuation has top of Shark PRZ which correlates w/ 127.2% ext tgt at 55,38.

GC_F STR16 chart shows price has surpassed tan Crab & unless can find some sellers here, the inmplication is to utilize Day chart upside tgt to ABCD 1333.4 which goes along w/ Bat at 1352.2, that will be another oppty for sellers to step in. Should price go into retrace mode of curent tan Crab, ideal min tgt is 1283.6 & ideal tgt is 1273.8 w/ scaling tps at gray lvls.

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