Premium Harmonic Intraday Charts for 05/16/2017

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Futures Pattern Scanner by Neoharmonics:

2017-05-16_Scanner Fut

ES_F in one of my fav setups, the green Bat in Retrce Mode shifting the pattern into an emerging Deep Crab providing 2403.75 is not breached.  Currently there is a dbl bearish PRZ being tested, the STRg8 Crab & STR12 Bfly between 2399.25 & 2402.  A b/d the 2399.25 increases the probability of Retrce Mode & potential playing out of green Dp Crab.  Above 2403.75 invalidates green pattern & focuses on upside continuation tgt of ABCD & D Bfly PRZ top at 2407.25 … big convergence.

2017-05-16_ES Intra 2017-05-16_NQ Intra

NQ_F has completed Dp Crab at 5705, potential breach to 5706.25 for STRg8 Dp Crab or 5720.25 ABCD as stipulated in comments for 5/15.

CL_F still inside Bat PRZ, refer to 5/15 comments.

2017-05-16_CL Intra 2017-05-16_GC Intra

GC_F in Retrce Mode attempt but there’s an obstacle at 1229.6 accompanied by momo on STR16 trying to turn up.  Initial lvls to brk & hold are STRangemarker hi/lo but keep eye on blue GRZ, it’s a key component for initial bias.

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