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jarek
Rep: 94
Posts: 3,474
Broader indexes like IWM shown by Roofer and MID below should show us the way in the coming days:

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They were usually first to advance in the recent months and we'll see soon if this is the case this time as well
JA
jarek
Rep: 94
Posts: 3,474
Which way now?

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JA
jarek
Rep: 94
Posts: 3,474
Failure of this bullish KZ flat at lined validates the move of .886 at line in EUR:

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JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jarek

This line confluence slightly above previous high in Crude was surely a strong magnet... Failure to reach it while being so close might be a sign of bulls' weakness

This reasoning proves to be correct so far:

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JA
jarek
Rep: 94
Posts: 3,474
First test of the move off this Schiff upper ML in Gold:

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JA
jarek
Rep: 94
Posts: 3,474
Originally posted by jarek

Which way now?

... bulls decided to ease off at a point where "Jim meets Roofer"


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JA
jarek
Rep: 94
Posts: 3,474
They can't make up their minds for a couple of hours already. If it goes down from here I'll label it in the following way:

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A break to the upside here would be quite bullish
TX
tx_ches
Rep: -10
Posts: 514
Jarek, what do the 1 and 2 labels mean?
ER
EricD
Rep: 63
Posts: 692
great play by play Jarek....
RA
rat89
Rep: 0
Posts: 7,015
good morning......it seems we are at a very interesting spot


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RA
rat89
Rep: 0
Posts: 7,015
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1.27 on last swing on cat....

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JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, that 1338 rings a bell, but I confirmed the high by various sources and feel it is correct. I even checked several other contracts, but couldn't find that 1338. I've seen it before, though...