
Lin spec
44 posts



Perfect follow through in #ES_F. This weeks setup was 7248 Failed Breakdown - newsletter readers got it Friday at 4pmI also live tweeted it at 8am. Targets given were 7253 (hit), 7264 (hit), 7285 next. We are flagging & digesting last weeks rally to setup next big macro leg


FOMC has not improved the low volatility state in #ES_F and we remain glued to 7147 as we have for 2 days. Its held/trapped/tested 10x now. Its very weak and fuzzy, paying out over and over. 7147 reclaims with vol though see 7161, 7173, 7180+. 7135, 7121 remain below now



There continues to be 0 volatility in #ES_F. No volatility=no trades, hold runners. Runners still working from 1) Tuesdays 6592 Macro Failed Breakdown and 2) Yesterdays 6809 reclaim. 6848-6872=a new bull flag. Todays targets were 6882 (hit), 6900-05 , 6922 above. Same supports


Closing update #ES_F: 6592 reclaims paid out for a 4 target run with 6604, 6622, 6638, and 6647 targets all hit. Only target not hit yet is 6662 on this run - just hold a lotto for it. Newsletter out soon with entries for this evening and there should be a few



Closing update #ES_F: 6426 support as posted and ES agrees stuck around here for 1hr. Quick spike down to 6412 just now. This is a big zone that ES will need to defend or trap/recover off Sundays open. 6454 reclaim then starts us up. Newsletter out soon with next supports/entry



Note: I warned about this in Friday's 4pm newsletter, and all setups from that newsletter remained unchanged after the initial 40-100 point gap down referenced.




Note: Obviously not much to do up here now. As I wrote in my newsletter 4pm yesterday my edge is to wait for *exactly* what we saw last evening. A deep flush to trap bears. After we get paid on the squeeze, nothing to do but wait for the next one and do it over again



Its been a pinpoint precision range in #ES_F. 6847-6868=the tight coil as posted. 6852-55 reclaims to trigger up the coil. We held ~6847 2x, ran to 6868 and incredible *4x* & now finally expanding downside. 6838 1st support down hit. 47 must reclaim to pop. 6825-30, 6818 below


We continue working down the lvls after being spoiled with multiple longs this morning that ran to 6772 and 6764 targets respectively. Arriving at 6685-88 support - 1 month triangle support big test. They must reclaim 6701 fast 6774, 6666 next below. Watch sweeps of Friday low




Long continues to pay in #ES_F. Since Friday's 4pm newsletter, I posted this weeks target was 5925, and price is creeping there, let runners work. 5877 reclaim provided an additional long as posted this morning with 5900 (hit), 5910 (hit), 5925 targets. Above 5925 is 5945, 5970


Price #ES_F finally waking up from its mid-day chop. 5938 was my sell target off the big 5989-6004 resistance shelf. It held 3x & I warned it was weak now. Failure triggered down to 5924 (just hit), then 5907-10 below. 5893 of it wants even more. 5938-42 must reclaim to squeeze.

This week is all about 5987 in #ES_F. I then wrote at 10am yesterday that 5942 had to reclaim to rally back to 5987. Target hit by noon. Bulls control above/bears below Plan: 5966, 5950=supports. 5987 must reclaim to rally to 6004, 6033+. 5950 fails, sell 5932. Deep sell below

We had a fantastic move in #ES_F and the plan today was rally as long as 5102 held. We just tagged 5155 res. As posted, protect those gains now, its Friday We just hit the core downtrend resistance from April high which I've been looking for all week. 5136, 5116=support to base

Highly precise technicals today in #ES_F (a bonus before messy CPI tomorrow). 5065-70 was was target #3 today off 5040 buy zone/support and we squeezed to 5065 high of day and dipped. 5040 remains support. Must hold to keep 65, 85 live. 5040 fails, dip starts to 5028, 5018

We are now on Day 10 after 9 green days in a row. 4810 was my multiweek target & glued here for 22hrs. It was resistance, now support. Chop Bulls trying to bounce here now and this is a decision point. 4815, 4826-28 resistances. If this bounce fails, we finally start a dip 4794