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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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