Longer term areas for Yen:



and Canadian Dollar:

C'mon, baby, get legs, get that Dow 17,000. "You can do it!"

So far the highest probability scenario is playing out: 'chop'. I'm still going to watch closely to see if they do a run into the RTH close, or after.

thank ye kindly, jim....here's another

Well, they did sell it a bit more, after that vicious shakeout to the upside (vicious on the 1-min, I'm talking very short-term here).

New all-time highs. Zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz. Same old, same old.

Well, so far, today has been a pretty poor trading day. 5.25 point range of chop. This is my greatest fear, that the market goes to this every day. Then we'll pine for the days like it used to be when they were manipulating it daily... Kinda twisted, what they've done to us.

I don't know, I don't know many ML traders who would think this is insignificant... But it will probably blow it right out on its way to 3400. Let's see, where are the check boxes for those 150% and 200% warning lines...






Charts created on QCharts, courtesy eSignal

Click on the above charts and hit the magnify lens for full clarity.

Is the ES ready to come out of this range now (to the upside, of course)? Or will they try to make it look that way, then sweep it down, then up? In other words, play the 'get the suckers' game, as one would fully expect?

From the old Outer Limits TV show, now adapted by the Fed/Oligarchs for the market and 'the system':



There is nothing wrong with your television set. Do not attempt to adjust the picture. We are controlling transmission. If we wish to make it louder, we will bring up the volume. If we wish to make it softer, we will tune it to a whisper. We will control the horizontal. We will control the vertical. We can roll the image, make it flutter. We can change the focus to a soft blur or sharpen it to crystal clarity. For the next hour [indefinite period], sit quietly and we will control all that you see and hear. We repeat: there is nothing wrong with your television set. You are about to participate in a great adventure. You are about to experience the awe and mystery which reaches from the inner mind to – The Outer Limits.

Source: http://slopeofhope.com/2014/07/churning-the-headlines.html