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The 3x2 on the ES 30 minute was 53.25 for this 1300 time frame and they got the bounce off of it, so 2158 is not unrealistic. Like I said before the 3x2 keeps me out of trouble, but I still expect the sellers to overtake the market this afternoon.

The ES is getting interesting as the Low Prices Reflections breadth begins to take over after 1230. We have a 2158.00 as the overhead price level on the Bollinger Band Moving Average on the Daily. Not sure they will make it to that price level, but keep it in mind, nothings says that they...

Love it when they take it the wrong way off a report and of course I am referring to Crude Oil. That was vicious as usual. I still expect it to go up as stated earlier. The breadth, width, or large area on the Price Reflection Charts show the strength or weakness of High Prices or Low Prices.

ES 5 Point Target hit.

I like Crude to the upside after the 1030 report comes out. ES looks favorable to the upside until we get into the afternoon, whereas toward the end of the day some selling will come in. Use the 3x2 to gauge the current position of the market and I also use a 30x20 longer term displaced moving...

ES and Crude markets for 8_3_16.

Nice move up but it will fizzle now and everyone will be slugging it out for the rest of the day, or they may move it back down. The best way to look at the charts I post is horizontally, not vertically. We are 'trained' to look at these charts vertically but you don't want to do that with the...

Okay the best part of the trading day is over. It may go sideways to up for a little while and if you look at the charts you can see why. I'm done for the day.

We touched the 3x2 on the 30 Minute, but if you look at the Low Prices Reflection it shows at 1300/1330 some strength during this time and of course with the trend being down it was easy to sell it when it hit the 3x2.

Also if you have a great breadth or width of the Price Reflections showing weakness as you do in the Low Price Reflections now, between 1130 and 1500 that will be an indication of Higher Prices in this instance. So you have to look for both.

It's obvious with these Price Reflection Charts that the breadth or width of the data of the Highs or Lows Price Reflection shows the dominance or strength of them. Between 0830 and 1200 today the Lows Price Reflection breadth or width was great or greater than the Highs. If you look at the...

This price chart shows how valuable the 3x2 Displaced Moving Average is and how it keeps me out of trouble.

Nice 14 point sell off from the top to the bottom while the Low Price Reflections were showing strength and dominance. Now will the High Price Reflections take hold, or will prices go sideways like they did in Crude Oil yesterday?

ES_8_2_16_High_Low_Price_Reflections

The Timing charts have worked like clockwork today and the Price Reflection charts have been outstanding. I will post the Timing Charts along with the Price Reflection Charts tomorrow.

Crude_8_1_16_High_Low_Price_Reflections. Also I am working with a chart that provides a time of when to buy or sell. Like I said this is my best work yet.

ES 8/1/16...No interpretation needed. High Low Price Reflections. My best yet.

I saw the 2 swings coming but it's looking like I executed both of them incorrectly.

Stop at 68.75

Short at 66.25