I'll start with the Cable. The correction may be done here but 3Ds into 1.6010 is my the most preferable scenario.



If this area doesn't hold, 1.6040 with EXP ABCD is next.

Areas to go long for teh ES, provided there is no new high after the market reopens.
2000 and 1989 are strong, with minor level at 95.

I'll add some humor to start the week. Here are three of not only my favorite banksters, but also just three of my plain ol' favorite people.

Japan's Abe:




Europe's Dragh Queen:




Old Yeller:




Source: http://www.zerohedge.com/news/2014-11-02/when-money-dies

How about that flat at 2009?

Originally posted by MarcinO

Areas to go long for teh ES, provided there is no new high after the market reopens.
2000 and 1989 are strong, with minor level at 95.

Click image for original size

No takers?

Timing factor-wise, this should be ready to come out of this range soon.

I'll play the scenario game. Up to around 2050, then down to 1975-80 (might be a bit lower, I will try to pinpoint as it unfolds), or down to 1975-80 from right in here, then up to 2050. Those are my two frameworks.

My hope was for a blast into the elections to that 2050, then they let it go, and down it goes.

I think they will want to sweep this range thoroughly before the move starts. Poor, poor suckers, they can't see what is headed right at them right now...

You were right (not surprisingly ).
They are still at 2009 and need a minor sweep to send it up.

Cable violated my area slightly on data release, but so far it has reacted as expected.

Originally posted by jimkane

How about that flat at 2009?

Originally posted by MarcinO

Areas to go long for teh ES, provided there is no new high after the market reopens.
2000 and 1989 are strong, with minor level at 95.

2005?

We are so brainwashed in this country, we are conditioned to believe we are doing great, better than everyone else, so lucky to be AmeriKan (and most agree, following along with O'Bummer's quips about the USA's exceptionalism). But here's some facts:

"The Upper Middle Class of America Owns a Smaller Percentage of Wealth Than the Corresponding Groups in All Major Nations Except Russia and Indonesia."

and

"America’s bottom half compares even less favorably to the world: dead last, with just 1.3 percent of national wealth. Only Russia comes close to that dismal share, at 1.9 percent. The bottom half in all other nations own 2.6 to 10.2 percent of the wealth."

That doesn't even sound remotely exceptional, or even remotely 'good'.

How about this:

"Just 47 Wealthy Americans Own More Than Half of the US Population. Oxfam reported that just 85 people own as much as half the world."

And to finish, we hear all the time about how brutal it is in Greece. The stories are chilling. Youth unemployment, businesses closing left and right, endless stories about former middle class families (entire families) living in cars, and so on. So, with that context, how about this one:

"Oh, and if you’re wondering how the American middle class ranks in the latest data, it improved two spots to #25. Just behind Greece."

But still all us AmeriKans keep thinking we have it so good, relatively, and we keep the system going for the elite. Nice job, AmeriKans. Your exceptional all right, exceptional suckers, exceptional sheep.

Source: http://www.zerohedge.com/news/2014-11-07/american-middle-class-wealth-worse-every-nation-russia-indonesia