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RA
rat89
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Posts: 7,015
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?
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RA
rat89
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Posts: 7,015
fascinating spot going into the fed minutes:


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JI
jimkane
Rep: 3,058
Posts: 33,089
Gold is just going nuts. We're so dead, IMO...
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, let's see what games they play after these FED minutes.
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, straight up on the comments they may need to do additional stimulus. Too funny.
TX
tx_ches
Rep: -10
Posts: 514
ES 5 minute. Back at uml.
Is it a bull abcd that formed or a forming td or exp bear abcd?
Conundrums!

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By the time this is posted, likely to have busted above the resistance of the uml.
JI
jimkane
Rep: 3,058
Posts: 33,089
As you said, there it goes.
JI
jimkane
Rep: 3,058
Posts: 33,089
Gold just going nuts on talk of more stimulus. Stimulus = Trashing of the dollar = ramping of gold.
JI
jimkane
Rep: 3,058
Posts: 33,089
Watching 21-22 next.
TX
tx_ches
Rep: -10
Posts: 514
$TICK reached 1295. Wall street sure liked what they heard.
JI
jimkane
Rep: 3,058
Posts: 33,089
Then appx. 30 and 40 levels...
AL
albert
Rep: 99
Posts: 3,094
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