I have to start the topic again? C'mon, let's get some volunteers in here. Okay, Sunday night showtime, let's roll.

All this just shows me how broken this dollar carry trade algo driven market really is.

Do the work, it's right there.

Originally posted by jarek

Originally posted by jimkane

Okay, why did he post that???...

That is a very good question!

Okay, we just crossed the line where a flash crash may be coming. I don't mean a lot of sellers and so on, I mean an electronic breakdown due to broken market structure.

Seriously, get ready. Flash crash coming?

I guess scenario number 2 from my earlier post is unfolding. They can reach the lower target zone for the move off our bearish ABCD still today:

29.25 here now key. They must come in, or else...

And the key .382 is at 23.

Originally posted by jarek

I guess scenario number 2 from my earlier post is unfolding. They can reach the lower target zone for the move off our bearish ABCD still today:

Click image for original size

Okay, the market integrity help up so far... Bounced off 29.25, now let's see if it rolls, and if so, if the integrity can keep holding.

Higher low?

If it rolls over and that 'lower high' fails, watch for a stab down and that's it, or a real flush.

jarek,

Very impressive work!

Good Trading,

Al Kamego