Premium Harmonic Intraday Charts for 05/12/2017

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Futures Pattern Scanner by Neoharmonics:

2017-05-12_Scanner Fut

ES_F in retrace mode of dbl bullish patterns & inside GRZ of both of them.  STR12 resist 2394.25 is very important resist, above there increases probability of retesting 2403.75 or Day PRZ tgt 2408.  A b/d of 2388.5 implies retest of dbl PRZ or extended green PRZ tgts as noted.

2017-05-12_ES Intra 2017-05-12_NQ Intra

NQ_F in retrce mode of Bat as shown for 5/11.  Currently there’s new emerging green pattern w/ Line in Sand at 5688.  Abve there invalidates Gartley & focuses on ABCD,  A rejct or failure to get to 5688 keeps Gartley in play w/ initial obstacle at 5655.75.

CL_F has same analysis as 5/11 in that waiting for either black outlined Bat to go into retrce mode or upside continuation to larger brown Bat.  The retrce tgts of black Bat have shifted up a tad.

2017-05-12_CL Intra 2017-05-12_GC Intra

GC_F completed blue Bat first & retrced 100%, this is a scenario described for 5/11.  Currently price needs to brk & hld outside brown GRZ to increase probability of directional tgts.

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