Premium Harmonic Intraday Charts for 05/03/2017

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

Futures Pattern Scanner by Neoharmonics:

ES_F has same scenario as posted for 5/1.  The blue trendline from 5/2 has been b/d & now the red trendline for emerging blue Bat is resist to keep eye on.  The price action is triangular consolidation (green/red trendlines).  This is indicative or opposing emerging patterns & either the trendlines or B pts are clues accompanied by momo as to which pattern has a higher probability of playing out.

NQ_F still forming C pt for emerging green Bat as described 5/2.  Line in Sand lvl 5637,25 is do or die for this pattern.

CL_F has same analysis as 5/1 & 5/2 even tho price is in pb mode.  Again, unless AC trendline on strg8 chart is invalidated as sup, the tan Bat is still in play & the do or die lvl is at A pt.

GC_F attempting to retrce STR20 blue bullish DpCrab w/ ideal min tgt 1260,2.  there’s an emerging tan STRg8 Bfly trying to help out that scenario, increasing in that scenario above 1257.8.

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