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jimkane
Rep: 3,058
Posts: 33,089
The Euro spot FX is trading flat right now, but the Aussie appears to be up like 35 pips or so, if my data is correct. If that is right, then it would indicate a nice little ES pop on the open.
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jimkane
Rep: 3,058
Posts: 33,089
MA
MarcinO
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Posts: 5,506
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JI
jimkane
Rep: 3,058
Posts: 33,089
Well, I thought silver would break down, and it decided to bounce again. Yes, this was obvious to everyone, so that may account for the bounce. Now it is at a critical spot, but, once again, it is obvious to everyone. Will it fake above and then dump? The genuine 'breakout' that every last blog is predicting? Something very interesting should be happening soon.


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SI_082312_cont_weekly chart



Chart created on QCharts, courtesy eSignal
JI
jimkane
Rep: 3,058
Posts: 33,089
Everyone sees the big ES ABCD in here, right?
JI
jimkane
Rep: 3,058
Posts: 33,089
Something to think about, if they forsake O'Bummer.

http://www.zerohedge.com/news/whats-wrong-chart
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jimkane
Rep: 3,058
Posts: 33,089
This big bullish ABCD is getting a nice initial reaction.
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch as it hits right here into the first key area. Big clue time.