Euro stopped at a very interesting area, showing some potential for reversal: bullish ABCD (H4) zone at the same price level as grouping derived from bearish ABCD on D1, at the top of B point and daily MA(50).
JI
jimkane
Rep: 3,058
Posts: 33,089
We all know I wish it would really sell, but we also all know how many times it has teased me, only to shoot up to another high for the move...
JI
jimkane
Rep: 3,058
Posts: 33,089
Crazy, huh? I've had the analog to that set, with the warning lines, on the ES 240-min all-sessions, for a long time now, and it is equally useful.
RA
rat89
Rep: 0
Posts: 7,015
Gdx is right at an area where it "should" get picked up.....careful though if it keeps going....look to nem...small picture at target, bigger context has a ways to go if that's what's in the cards...
JI
jimkane
Rep: 3,058
Posts: 33,089
Read the links in this (and scroll up and read the article if you want). It's a 'glitch' in human nature that I simply don't understand (and I've been studying it intensively for years) why there isn't total panic, riots in the streets, and so on, like in many other countries. We will not do anything, as a populace, it seems, until we have a total collapse, then we'll be left with ruins and rubbish, and we'll all be saying 'What happened? No one could have seen this coming... What bad luck this is.'
http://www.zerohedge.com/contributed/2013-03-02/cola-changes-pro-and-con#comment-3293759
http://www.zerohedge.com/contributed/2013-03-02/cola-changes-pro-and-con#comment-3293759




