Kicking it off. I'm not sure why I'm even doing the forum anymore, but still kicking it off. I guess I do it for Marcin, rat, and the other guy, and the small handful of others who come in now and again...

.786 - .886 fib box

Originally posted by MarcinO

TL fakeout and down?

Yes. We are looking at the same level.

Nice stuff today, crew. Even Duane with a chart. I should have come in earlier... Anyway, S&P at a new all-time high on a closing basis. As far as this area here, I suspect it will not hold, and this will make another pump up. This is somewhat discouraging, because timing-wise this really should dump in here if that area discussed so many times over the last two weeks is to hold. It could still take another pump, it would just blow out the nice timing that is in place now. And it is also on the table the area won't hold at all and the inexorable march to Dow 43,000 will continue. Just some thoughts.

The Euro may give some reaction at KZ, but I would rather see it at 1.2520 or maybe in wider area around 1.2545 before it renews a downtrend.

W2 to .564 in the Aussie, too?

Euro has just hit 1.2521. We will see if that's it.

It's testing higher area now. But that should be it...

45-46 may send ES down. Chart in a couple of minutes.

Didn't even notice this area.

Sums it all up nicely. When will 'we' ever learn...






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