JI
jimkane
Rep: 3,058
Posts: 33,089
Does everyone see the big flat (actually a slightly tilted up) ABCD that just started to roll off the .685 almost to the pip, right at a key line? Is this a W2 leading to W3 (or a CD leg) for a monster move down now as the USD squeeze starts and the market dumps off the end of the bear market rally? The traded timeframe is actually just under a monthly. Things sure are set up for a huge sea change. Now we see. All I can say is that for me looking to be short side Euro and ES and long side USD is surely a reasonable premise. If it is to play out the market should roll soon, or give one more last dying gasp up to a 1.272 off this latest ABCD, and then that's it. I'd much prefer that we are in W2 on the way down now, but we'll see.
DU
Duane
Rep: 100
Posts: 1,095
Nice, Thanks Jim
How about one posting one of those sweet charts of yours It's gotta be easier than typing!!
How about one posting one of those sweet charts of yours It's gotta be easier than typing!!
