I'll start with the Euro again.
1.2385 is my next strong area, assuming continuation of a downtrend.

I hope this week has better action in the ES. Although I thought last week was tradeable, it wasn't great action by any stretch of the imagination.

I wonder where gold will open up, given the Swiss initiative failed in and epic manner...

Die, pig, die!

That was an interesting 8 point drop and snap back almost instantaneously. Yeah, this is a healthy market.

I don't mean it all snapped back, just the immediate rebound pop that followed that fastest 8 point drop I recall in a long time.

It's funny, too, I posted the die, pig, die before that started. I felt like it just accommodated me because I asked.

Gold's only down like 22. No big deal.

Currencies are basically stable, though, which seems a bit odd.

Now, in 'the old days' I'd think shorting this here, right now, would be a good idea.

But nowadays, with all the manipulation (that some still argue doesn't exist - too funny) I'd just about bet the farm they will keep gunning it back up. But my gut, thinking in 'the old way' says to short to heck out of this. Just some thoughts.

you have a key line pie?

Originally posted by jimkane

Yes, but add in a key line that this was the third time it used, and you really have something.