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JI
jimkane
Rep: 3,058
Posts: 33,089
Starting it off...
MA
MarcinO
Rep: 67
Posts: 5,506
Yes. They may do one more small push to the downside and reverse it.
RA
rat89
Rep: 0
Posts: 7,015
.886 on iwm at 109.39
109.42 just hit here
RA
rat89
Rep: 0
Posts: 7,015
iwm 109.40......one penny shy
RA
rat89
Rep: 0
Posts: 7,015
iwm 109.36
MA
MarcinO
Rep: 67
Posts: 5,506
Support area for the Cable - 1.6275-90.

Click image for original size
6b 2013 12 12 support png
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size
screen shot 2013 12 12 at 12 34 14 pm png
MA
MarcinO
Rep: 67
Posts: 5,506
ES reaction off the area is very smooth so far. Are we going to see another one day wonder, as Jim calls it?
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, super-key area in here, with initial reaction. This really tells the tale.
JI
jimkane
Rep: 3,058
Posts: 33,089
It may do one more push, the upper part of the area is 79.50. A fall shy games the obvious TL.
JI
jimkane
Rep: 3,058
Posts: 33,089
Watch 76.00-.75 here for a bounce. This is a key technical aspect, what it does with that, as far as the bearish area mentioned.
JI
jimkane
Rep: 3,058
Posts: 33,089
ES all the way back down. I don't think I'll ever live down not shorting that because of how well they 'trained' me.