When intraday levels or patterns are exceeded or invalidated, please refer to charts posted for the week, click here
As I specified on 3/20 post, my grandson is visiting so I will be only quick if any updates. Thank you – Kathy
Refer to charts posted for 3/20 for larger view. Here’s a few comments for update on ES, NQ, CL & GC.
ES has retraced brown Bat appx 50%, now that price is inside Retrace GRZ, where can brk & hold outside of it offers initial directional bias to tgts.
NQ couldn’t get to brown Line in Sand 5402.25, so both opposing emerging patterns are still in play, now closes Line in Sand lfl is 5440, above there would invalidate green Bat & focus on playing out brown pattern which is now a 707 Bfly, this is a shift from Gartley as described on 3/20.
CL b/d H&S neckline &breached below brown GRZ but has bounced back to test neckline from below & is currently back inside GRZ, so where can brk & hold outside of it offers initial directional tgts as specified 3/20.
GC breached above red Bat PRZ but had no follow thru & currently back inside PRZ, so it’s a matter of where price brks & holds outside PRZ to imply which probability is higher, either Retrace Mode or upside extended PRZ tgtsas shown on 3/20 chart.
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