Iterative Refinement

This is the ES Daily Chart Shifted-Gapless for Oct 16 09.


My question is the peak trough annotations.
Anyone like to take a look at this peak trough volume annotations and see if it is correct ?

Any and all feedback is welcome.

This chart was kindly forward to me by Rainman and kudos to him for this chart.

Trendlines were on the chart already, but I had drawn in volume peaks and troughs, and also a horizontal line I added to the price highs of Sept 23 to compare the highs of yesterday.
 

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Quote from TIKITRADER:

This is the ES Daily Chart Shifted-Gapless for Oct 16 09.


My question is the peak trough annotations.
Anyone like to take a look at this peak trough volume annotations and see if it is correct ?

Any and all feedback is welcome.

This chart was kindly forward to me by Rainman and kudos to him for this chart.

Trendlines were on the chart already, but I had drawn in volume peaks and troughs, and also a horizontal line I added to the price highs of Sept 23 to compare the highs of yesterday.

Hi Tiki,

FWIW, here is how I am tracking it... But if one chooses to begin taping on the price bar which exits the lateral then one could make the case that we created a VE on this non-dom leg and require another go around. I believe rainman2 was suggesting that as well with his thoughts on bbt requirements for this leg.

IOW, while one may consider this up leg to be non-dom in the larger fractal - it will require another non-dom then dom sequence on its fractal to complete.
 

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I will post the ES Daily Gapless
chart exactly as I received it with out gaussians.

It is easier for anyone who would like to annotate their analysis on it.

Thanks to rainman again for this chart
 

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Quote from TIKITRADER:

Thanks Ehorn.

This is a previous post I had made and it looks very similar to what you just built

My observation is where each version places PT1 and how it reflects DOM vs NON-DOM. Aside from that, I agree, they are very similar.

More broadly, It appears to me that we are developing resistance (i.e.laying the foundation) for the larger dominant container (daily RTL -PT3) in this area.

Admittedly, I am still developing the ability to gather data sets and timing on this scale.
 

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Quote from ehorn:


More broadly, It appears to me that we are developing resistance (i.e.laying the foundation) for the larger dominant container (daily RTL -PT3) in this area.
.

There is resistance building up and it is a very clear and obvious reason why when a look at the DJI monthly and ES monthly bars are brought into the picture.

The 2004 - 2005 area of price has now come back into the scene and acts as resistance.

DJI chart attached for clarity.

edit: small typo on date of chart oct 6, suppose to be oct 16
 

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