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

This is how they like to do it: roll it off the key area, trap the suckers who short it based on 'the old ways', and then goose it up and slaughter them. So far they have rolled it perfectly off the area I mentioned...

And the trap was set, and it was sprung. Ho-hum. Yawn. Same old, same old.

Now, it's not unfathomable that it could go down at this point, given they trapped 'em good, and maybe they want to sweep 'em both ways, or even run it down. But sometimes it's best to wait until after the trap before entering on a premise like that. I am not really seeing any more immediate down, but I'm just saying, if one was playing that sometimes it's best to work around the obvious traps.

Is that it?

Silver really got going there. LOD 14.155 by my data. Silver with almost a 13 handle! Who would have ever believed that when it was at its peak?

Crude close to a 63 handle!

XRB at 1.79! A one-seventy handle on unleaded!

Turned on a dime right there...

Originally posted by jimkane

Is that it?

ES long side looking quite good now. Even if it doesn't continue up, anyone long near the reversal should be in wonderful shape for management at this point.

Die, pig, die! Next stop 1840?

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.