Tomorrow's Chart Today-Part 2

Crude kept rolling back over and more downside back to where the rally began early
this morning. It will likely overlap the 44.78-44.67 area,
 
ES Q Peak (1230)/Valley (1200) went sideways but never changed the trend. You
are seeing a move back up on 1300 Q Peak in Crude. On the larger scale, Crude 30 Min
is not seeing any change in this current downtrend. As mentioned before the break down after 1130 ended the up trend in Crude. Okay I am done for the day. I will only be posting the
charts from here on. I have to focus on trading the data. I'll answer questions only during
after hours or you can send me a message.
 
Crude and ES charts. Q Peaks or Q Valleys are very good at showing
you the form the price chart will take. Looking at Sym Peaks and Valleys to
provide the turning points. 0830/0930 was the turning points on Crude
this morning. I have 1145 as the next significant turning point on the ES.
 

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Well we came to a halt on the ES at 1145 but I expect they will still pop it and at least make
a new high. Q Charts on the ES aren't really showing a sell off, more side ways action. Crude Sym Peak at 1030 turned it back up, there were 18 or so 5 Minute bars in a row of higher lows.
You may get more of a pull back on Crude than the ES. Because of the impact of the Sym Peak your Q Charts on Crude are inverted now.
 
ES is going to fulfill the 1230 Q Peak High and then it may run out of gas. Same with Crude it may fulfill the 1300 Q Peak before it stalls out and turns around but how many are going to be willing to sell these markets today? We'll find out, obviously the money
was made to the upside, but I wouldn't stay long now.
 
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