Let's see if this works....never tried to start a new topic...

having bounced off the .886 friday, will it aim into the area of interest up at the .886 of last week's high, or into the box at 1.128 - 1.27, and what will it do up there?

There is some symmetry in that both blue arrows are at .886....ultimately you might expect a move that mirrors the mid march - may move, but without a significant pullback into an abcd, which we haven't seen yet?

I hear Bill Gross/PIMCO has reversed position on treasuries.
Nothing on zerohedge about it yet.

Originally posted by tx_ches

I hear Bill Gross/PIMCO has reversed position on treasuries.
Nothing on zerohedge about it yet.

it seems as though we are right in a key area....maybe it needs a pop and pull back to test yesterday's low, but is this the scenario?

Could be a temp google glitch. I've seen their glitches lock out access. Blogspot is a google product.

Originally posted by jimkane

Help?!? Joed's blog has been removed? Here's what it says:

Blog has been removed

Sorry, the blog at traderjoed.blogspot.com has been removed. This address is not available for new blogs.


What's up with that? roofer, can you find out?

retest

Jim was right.

Al Kamego

So, this HOD here at 27.75 is in a key, key area. And it pulls back, but right into a bullish ABCD. Now we'll see. What a launchpad for a move up and over this key area. I'd like to say the most likely scenario after a big move is to trade the rest of the day in the upper range area (how many times, up or down, have we seen this?), but I think today it is likely to run further, maybe much further. We'll see. I'm not into fighting this. Look at gold, the Swissie, the Euro, crude, the grains. Unreal. I'd love to see this sell off from here, but I am wary...

Thanks, Al.

Originally posted by albert

Jim was right.

Al Kamego

Click image for original size

roofer,

I am very sad to hear about your recent misfortune. I will keep you in my prayers. I pray you have a complete recovery and return to your full strength and health. God bless you.

Good Trading, Al Kamego