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JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, I'll start it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
Actually, I'm thinking tomorrow may be up more than I was originally thinking. I'm leaning more towards 30 to maybe even 40. I've completely abandoned any bearish sentiment. I think we are headed for new highs and 2000 by year end. Oh, well.
MA
MarcinO
Rep: 67
Posts: 5,506
Let's see if the Pound is going to repeat its scheme.


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MA
MarcinO
Rep: 67
Posts: 5,506
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RA
rat89
Rep: 0
Posts: 7,015
great charts this week, marcin
MA
MarcinO
Rep: 67
Posts: 5,506
Hi rat. Thanks


This one is quite strange. The lines are here, triple top on the way, but the Fibs come only from very minor pivots.

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MA
MarcinO
Rep: 67
Posts: 5,506
Ii's rather ascending triangle then triple top. So the odds for decline are even lower.
MA
MarcinO
Rep: 67
Posts: 5,506
One more bearish set-up for the Pound.

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MA
MarcinO
Rep: 67
Posts: 5,506
Cable is approaching support area.
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RA
rat89
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Posts: 7,015
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RA
rat89
Rep: 0
Posts: 7,015
the tools say go long and give it a chance at this low

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RO
roofer
Rep: 3,689
Posts: 3,574
TLT update from previous... after taking half off on thursday morning as shown, the close on thursday left me with the same quandry we often get using the tools of this forum... price had thrust down, then done an abcd to line.. classic sell signal.. but given that our longer term charts suggest a larger low in bonds, the bullish scenario would have price completing abcd with equal legs with abcd as middle leg... so i marked an equal leg and placed stop twenty cents below... so far so good .. but time will tell...
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