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jarek
Rep: 94
Posts: 3,474
Here is my chart of the weekend:

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JI
jimkane
Rep: 3,058
Posts: 33,089
Watch the .486 at 42.25 here, in case. Sometimes they use that in a 'stretched' case like this.
JI
jimkane
Rep: 3,058
Posts: 33,089
Around 27 is my next key bigger area.
JI
jimkane
Rep: 3,058
Posts: 33,089
This selling looks relentless. It may actually shoot for 27 today??? They need to bounce this soon...
JI
jimkane
Rep: 3,058
Posts: 33,089
Major, major balance point right in here. If this doesn't bounce it, it could come under serious climaxing sell pressure. I'm short-side bias here, so I'd like it to collapse, but I'm ready for a bounce, and this is the last real spot I see.
RA
rat89
Rep: 0
Posts: 7,015
wow.....685/ 886 right there
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bounce it here, they must.....amazing how everything is point back to 136.70 area

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JI
jimkane
Rep: 3,058
Posts: 33,089
KZ bounce in here would be nice... Not sure if it can do it.
JI
jimkane
Rep: 3,058
Posts: 33,089
Low to mid-40's next.
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch the ABCD coming up right here, but if that doesn't send it back down, my levels are 42.75-43.75 and 45.25-45.75.
JI
jimkane
Rep: 3,058
Posts: 33,089
Bearish .786 ABCD reaction. They need to come in on this little tick bullish ABCD, or else... Of course the 'or else' may just be chop for the rest of the day. Or 27...
JI
jimkane
Rep: 3,058
Posts: 33,089
It sooooo looks like they are debating another wave of 'risk off'. I can't really see it, after all this selling, but it looks like they are thinking about it...
JI
jimkane
Rep: 3,058
Posts: 33,089
And now Druckenmiller joins Gross and Grantham. Maybe it just took one person (Gross) to say out loud the Emperor has no clothes? At some point the bond vigilantes will overwhelm the Fed. Maybe not yet, but some day...

http://www.zerohedge.com/article/druckenmiller-calls-out-treasury-ponzi-scheme-its-not-free-market-its-not-clean-market-ident