Aussie and Cable may need one more push to the downside.
It seems that like ES, FX didn't drop to key area on Friday.

CL hit its daily/weekly ABCD right at a key area, and is reacting. This is critical (what happens here) from an intermarket dynamics standpoint, in my opinion.

They just keep selling it. I like it, but 1900 is so significant that if they won't even respect it at all, it should be done for.

I'm headed back to bed, but that may have been it. Long with a trailing stop, that's the play, to my way of looking at things. Then see before the open where they went with it.

And as that was posting, it popped. Looking a lot better now. But, the immediate trend right now is down, and this bounce is coming into the first area, so who knows. It's just way overdue for a short-term bounce, and it's set up for an overnight run. We'll see.

Holy cow. I'm trying to get back to bed, and this thing is just exploding.

jim, how the heck did you get them to turn it around? ;)

jim, how the heck did you get them to turn it around? ;)

nothing wrong here ;)

1915-17. 1921

It was all your work, rat.

Originally posted by rat89

jim, how the heck did you get them to turn it around? ;)

Wow, it's already selling hard off the area. I am really loving this, but a bit surprised they'd go into the futures close that way. Awesome.