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MarcinO
Rep: 67
Posts: 5,506
I'll start with the Cable. The correction may be done here but 3Ds into 1.6010 is my the most preferable scenario.

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6b 2014 11 02 png


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

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6b 2014 11 02 2 png
MA
MarcinO
Rep: 67
Posts: 5,506
I would like to see a fakeout around this TL.

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es 2014 11 05 png
RA
rat89
Rep: 0
Posts: 7,015
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screen shot 2014 11 05 at 11 05 22 am png

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screen shot 2014 11 05 at 11 07 40 am png
RA
rat89
Rep: 0
Posts: 7,015
.786 spy and .886 iwm.....bull trap? Or do they rocket it up and out of this setup?

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screen shot 2014 11 05 at 12 13 35 pm png

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screen shot 2014 11 05 at 12 14 12 pm png
RA
rat89
Rep: 0
Posts: 7,015
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screen shot 2014 11 05 at 1 54 43 pm png
RA
rat89
Rep: 0
Posts: 7,015
it's interesting that the fibs are tighter on faz than on fas.....something I noticed about spxu vs spy, and tza vs iwm

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screen shot 2014 11 05 at 2 02 58 pm png
MA
MarcinO
Rep: 67
Posts: 5,506
I'll post a chart later on, but 2005-06 is a reasonable support area in my opinion
MA
MarcinO
Rep: 67
Posts: 5,506
2017.50 and down again?


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es 2014 11 05 2 png
MA
MarcinO
Rep: 67
Posts: 5,506
Chart for 2005-06

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es 2014 11 05 3 png
JI
jimkane
Rep: 3,058
Posts: 33,089
Time for a big pump down... They'd have to come in right around here, or it will likely take that pump down, I suspect.
MA
MarcinO
Rep: 67
Posts: 5,506
2014 - support.
JI
jimkane
Rep: 3,058
Posts: 33,089
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