Chart #6 Post #756 now indicates the following:
(1) on the Week, the market direction is Long above 1210.28,
(2) on the Day, the market is in a Bearish consolidation between the Short level @1227.83 and the Long level @1208.03. This timeframe does not indicate market direction,
(3) on the 8 Hour, the market direction is Long above 1205.22 with Retracement level @1207.00,
(4) on the 4 Hour the market direction is Long above 1204.53 with Retracement level @1205.76.
The target for Long positions on either the 4 Hour or 8 Hour timeframe is the Short level on the Day @1227.83 followed by 1231.62 (i.e. the Supply level on the Day).
(1) on the Week, the market direction is Long above 1210.28,
(2) on the Day, the market is in a Bearish consolidation between the Short level @1227.83 and the Long level @1208.03. This timeframe does not indicate market direction,
(3) on the 8 Hour, the market direction is Long above 1205.22 with Retracement level @1207.00,
(4) on the 4 Hour the market direction is Long above 1204.53 with Retracement level @1205.76.
The target for Long positions on either the 4 Hour or 8 Hour timeframe is the Short level on the Day @1227.83 followed by 1231.62 (i.e. the Supply level on the Day).
Using the FIA, traders need only "Sell the Highs" & "Buy the Lows".