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    JA
    jarek
    Rep: 94
    Posts: 3,474
    4
    Here is my chart of the weekend:

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    TX
    tx_ches
    Rep: -10
    Posts: 514
    0
    NEM 5 minute.
    NEM got caught in KZ too.

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    RA
    rat89
    Rep: 0
    Posts: 7,015
    1
    this isn't making me feel particularly bullish at the moment


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    JA
    jarek
    Rep: 94
    Posts: 3,474
    3
    (Edited )
    So far, so good for bulls after denying this bearish 4PT. The next hurdle is a DB ABCD at major line:

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    JA
    jarek
    Rep: 94
    Posts: 3,474
    3
    (Edited )
    It's getting very interesting because we have a clear test and retest in ES:

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    Now it's either strongly up if it plays or strongly down if it fails. There is no other choice
    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    1
    (Edited )
    46.25 here a very critical area. It seems impossible to comprehend this even pulling back a point after that across the board 'risk on' blast, but this is still an area I am watching very closely.
    RA
    rat89
    Rep: 0
    Posts: 7,015
    1
    did we just see what might might have just seen? give or take?

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    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    0
    I wish...

    Originally posted by rat89

    did we just see what might might have just seen? give or take?

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    RA
    rat89
    Rep: 0
    Posts: 7,015
    0
    Originally posted by rat89

    did we just see what might might have just seen? give or take?

    131.82 - 131.92 at d of a kane pattern??

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    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    1
    Watch this 43.25 here for upside clues.
    RA
    rat89
    Rep: 0
    Posts: 7,015
    1
    I am wrong or early a lot but if that high holds, first stop 133.50 or so...IF that's what we're seeing. if not then never mind....

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    JI
    jimkane
    Rep: 3,058
    Posts: 33,089
    1
    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