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

As that old Beach Boys song goes: Wouldn't it be nice...

http://www.zerohedge.com/news/2014-12-01/worlds-largest-stock-market-index-flashing-red

I fully expect a nice rise from here on the ES. I'd like to say I'm longer than... but I can't because it would be inappropriate in here to make such a joke. Recall how last night the second I mentioned the long side looking like it was solid and really taking off that was the exact high? Let's see if that happens again. Because I got that 'long and never wrong' feeling right now.

Wasn't like last night this time!

It's so funny how this doesn't matter at all. Something that one would think would matter as much or more than anything, and it doesn't matter one tiny little bit. Imagine where it will be when the Dow hits 43,000...





Source:http://www.advisorperspectives.com

And look right where it weakened from...

A couple of lines coming together around 47-49.
But somehow I cannot upload a chart...

Hmmm, Guy solved my problem with the above image, which now shows, so I wonder what the issue is? Still can't get one to post?

Oh, I got distracted there with Marcin's post. The ES might be done here, there are some technical factors for that as a possibility, so I'm being very cautious with the long side from earlier in here. This is only short-term, it just may need to come in more, and here's a key spot for that. We'll see.

BTW, even though they shook it out viciously, I was dead on last night with the premise that that was a long area, it just wanted to get everyone off it first. It didn't set a new low, so if one was playing for more than a scalp pop, the stop would have been set below, and wouldn't have been hit.

I think the odds are extremely high the ES will come in a bit here.

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.