rbreese, /GC exhibited large lot-size selling between 1817 and 1836 indicative of professional selling into strength. My energy indicator has stayed negative since 12/5 on 1-hour charts not supportive of new buying in the ascending triangle.  An advance from 1617 has posted 5 completed waves up. on daily charts, /GC exhibits a squeeze  on daily charts. Nonetheless, the momentum and the trend are bullish.

Mundy, you should switch your broker. IB is a lot more transparent, and the list of partnerships is a lot shorter.

Larry Williams's scenario for a low in October actually played out.   https://youtu.be/ucB19WknRdIis his latest video . You should skip to the end for his year-end market updates.  He has a rally into the end of the year in that video. FYI.

Matt, I see a high-position size selling today (shown in blue) indicative of professional selling. It is the opposite of A moves on your charts, FWIW.

We have got a gap fill on /ES. This is bearish almost confirming a double top, IMO

Matt, I am still holding my SPY put based on your 60 stochastic short. Could you please keep updating us on the progress of that trade in TS? For me 4100 on /ESZ22 is the line in the sand for the bull and bear case.  If we cannot close above 4100, we have a double top.

My trading plan is to close a SPY put I opened today on Monday or Tuesday when the squeeze on /ES is exhausted, and let the market bounce into Wednesday, and to rebuy that SPY put into your target for wave 5. 

On a second thought, wave 4 may still be in  progress and today's drop is a minor b down to be followed by c up into FOMC. I see a low-compression squeeze firing on 2-hour charts, and we lost EMA(21) on the daily /ES March23. 3888 (1 ATR) is the next target for me. Your target is near 2 ATR. Once the squeeze is completed, it will be obvious whether wave 4 completed or not.

Happy birthday, Steve! I wish you many more years ahead!

Amcap, I place credence in your depiction. /CL is very close to a tradable long-term buy on daily charts. There is divergence on RSI(5) on 240-minute charts. One more push lower to make another low or an equal low should complete the pattern.

Larry Williams has a low on /CL in December and a move up from there.

Amcap, your charts are insightful. The analysis I trust has wave (A) up completed at 4100 on /ESZ22. We are now in wave (B) down, and wave A down is in progress. Wave 4 of A has probably completed today, and wave 5 is in progress. Your target with triangle C is my target for wave 5 of A. I expect a push lower after the FOMC meeting next week to reach that target during the week of the Christmas day.