Premium Harmonic Intraday Charts for 05/05/2017

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Futures Pattern Scanner by Neoharmonics:
2017-05-05_Scanner Fut

ES_F – Click here for video

2017-05-05_Intra ES 2017-05-05_Intra NQ

NQ_F in decision mode, thi9s is evident by price sticking to VPOC at 5621.5.  Initial lvls to brk & hold are above 5624.25 then more important 5625.75 or below 5621.5 then more important 5618.75.  Keep eye on STR20 AC trendline, so far that’s been a force to reckon with.

CL_F has breached below ideal Day Bat PRZ 47.43 to head into Alt Bat territory, initial lvls to brk & hold are above 46.1 or below 44.58.  Upside brk increases probability of Retrce Mode w/ scaling pts at STRg8 Bat at 45.87, dnside brk has 38.88 PRZ tgt.

2017-05-05_Intra CL 2017-05-05_Intra GC

GC_F invalidated Alt Bat was looking at for 5/4, I’ve changed the X pt & looking for 1217.7 as Crab PRZ tgt on the STR20 chart.  I’m showing the 5m chart to show how prev day’s profile had unfinished business that has not been addressed, it’ll be addressed above 1241.7.  Initial lvls to brk & hold are above 1234.8 or below 1225.8.  Upside brk has red PRZ tgts as noted on 5m chart, dnside brk has 1217.7 tgt.  Keep eye on momo midpt for directional pull.

 

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