With the bearish case on Bonds being so touted recently I'm wondering whether it's not a big smokescreen suggesting that quite opposite may happen... Especially after looking at the following charts:
JI
jimkane
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1.000 ABCD is at 26.25, with key line. Like I said, I'd be very surprised if this isn't a 'W3'.
JI
jimkane
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Risk appears to be coming on across the board. Or maybe just some choppy short-covering... ES is in the area where if they are going to continue the downside I'd expect that to reassert itself. So they pushed it to the decision point. Let's see.
JI
jimkane
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I think I'll be long-side bias until close. Who knows. Maybe I'll be short seconds after I post this. But I suspect...
TX
tx_ches
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Spy has paused at just below its equiv 1.0 abcd and 78 retrace and 161 all overlapping. Looks like it may pullback to KZ.
JI
jimkane
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I can't believe this thing loved that ABCD at 26, with a perfect X marks the spot. Things are happening and changing so fast I can't really post much today...
RO
roofer
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just traders trading..... if the red line green set on yesterdays close was to be valid,in the face of the insane last hour bullishness, then OUR TOOLS, AND NOTHING ELSE.... should have pointed to RISK OFF!!! in the face of the manipulation in the indexes.... i think they did their job.... and all the way down today... they said repeatedly trend day shooting for targets...


