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SYNERGY SYNERGY SYNERGY that is the best edge in the market imo

I used market internals when I was first beginning. I soon found out that they meant nothing to my trading. If they give you an edge, all the better. I found them useless and were not consistent enough to provide high probability trades.

From.... http://elitetrader.com/vb/attachment.php?s=&postid=1360229 to...

The er2 is also conforming with the es in putting in a higher level top.

ES support zones below the market if new highs are not made.

This will be the top.....

A very nice resistance zone at 1469-1470 area. I have never seen a setup with so many cfs on all timeframes.

I will post more analysis later if I have time. At this point 1449.50-1451 is an extremely critical zone. If it can sustain a move above it would definately be bullish and new highs are not out of question. However, if this drops below again and holds below we could see downard...

This is a great example without 20/20 hindsight. You can see that we could possibly be in the process of creating a bearish wedge within a wave 5 on a weekly, daily, and 81minute. It will be nice to watch this unravel....

Here is an example of a bearish wedge. You will typically find these within a higher degree wave 5.

Thanks again for the remarks. Well we can definately both profit having different sentiments, so that is definately a plus. Im going to be blunt and honest with you. I only use ew analysis when it is clear as day. When something is kinda fishy or could be this, could be that I just ignore...

Well you can see the low of the move was a few ticks away from the 78.6 of the prior move up. This is the MINIMUM target for the completion of a 5 wave move. The minimum was hit so now it can move to new highs now if it wants to. In a perfect world I would like to see a pull back at one of...

Thanks for the comment JJgallow. I see where you are coming from with the wave 1. I also agree with you. However, I am not a perfectionist and at times will use my discretionary to tweak things. With that said, it seemed best in my analysis that the wave 1 was a bearish 12 12 that resumed...

http://elitetrader.com/vb/attachment.php?s=&postid=1359406 Aftermath... any questions?

Taking some off for a 2pt gain... letting the last piece run. This volume is frustrating. EDIT- hah as soon as I take some off it starts rolling over.... figures

hmm interesting. Im going to check max pain on thursday to see if it goes with this statistic.

ER2 trying to put a double top in this key zone..... stop bidding this market up....

HOD so far 814.30 critcal zone posted before open 813.50-814.50 now trading 4.5 pts lower Gap is just about filled shorts will be taking profits. 1441.50 has to hold for the bulls or we are retesting yesterdays lows.

Possibly one last move to new highs out of this 812 area to 815.50. Any move above that and we are looking for a sustained breakout.

ER2 in the middle of the key zone! Any confirmed breakout above will sustain a large move to the upside. I am getting short here. Both ER2 and ES trading at main resistance zones right at the key reversal timing. I cant pass up an oppurtunity like this.