The Euro made it to a serious support area. The heart of it is around 1.2250 so a deeper move into it might still be in play.



The curious thing about this layout is that it doesn't really matter if we get one, ore more, push to the downside, geometry indicates 1.2330 region as a serious correction level. What's even more interesting, if someone wants to play aorund with Fibs and MLs and adjust it now at 1.2250 (although it has not been hit yet), they will give additional confirmation of the 30s importance.

Pretty darn amazing how the sellers came back right from that area.

But I think the by far highest odds are now for chop in this lower range (LOD to bounce point), with some possible 'testing', until the close.

Wow, is it weak. They sure are making it look like they are going to flush it. I still think it's most likely a trap, but if not, wow.

So far so good. Euro is sitting on obvious, tested multiple times TLs ready to go.
1.25 is imminent in my opinion.

The movement is back. That was just 11 points straight down.

With such a volatility you have improved ATM now.

Originally posted by jimkane

The movement is back. That was just 11 points straight down.

Look at them snap that up! Look how big and fast the move is.

Low end test and although the moves weren't choppy, but smooth, this is what I expected, trading in the range with a test. Day after day they do this when it's a big move day.

It is soooooooo close to being on. The sheeple have no idea whatsoever what is headed right straight for them. And when it hits, they will run to the very ones who hit them, begging to be saved, to be protected. Create the problem, create the solution, it's an old game. One of the very first things Hitler said was if you want me to protect you, the first thing I need you to do is give me your guns. They did. How'd that work out for 'em? It will be no different here, and it won't work out any differently.

http://www.zerohedge.com/news/2014-12-10/why-us-treasury-quietly-ordering-surival-kits-us-bankers

P.S. So, they bought way over a billion armor piercing/hollow point rounds, high capacity magazines (ones that under O'Bummer's new rules would be illegal for regular citizens), and machine pistols and distributed them to all the social security offices and others. What? Why would social security offices all need something like that? Machine pistols with high capacity magazines loaded with armor piecing/hollow point rounds? At places where old people come in with questions? And no one said a word. Now banks are getting survival kits paid for, too, with our tax dollars, and no one says a word. The handwriting is on the wall, my friends.

The yen is getting roughed up a bit (on the 1-min).

Crude has a super-key TL around 47, and I'd think they'd want to screw with that. Then the key area is around the previous low, 33-36 and change. If crude gets into the 30's I plan to 'go all in' in every way, shape, and form I can on crude. Whether I will have the nerve when the time comes to break the rules and put a goodly portion of my eggs in one basket will remain to be seen. Many will be looking for a repeat of the last time it hit that level, and that worries me tremendously. But, crude staying in the 30's for any period of time? That could only happen if we are in complete collapse mode, and that would have to include China, who would be willing to buy the entire world's supply almost indefinitely at that price. it's all very 'odd'.

Bottom line, crude is at a monster area right now. The 47 TL area is obvious. And the 33-36+ area is known to every person on earth, even the handful of people in indigenous tribes who have never had outside contact. Even they are talking about that level. So, all I can say is, this is ripe for insane levels of games. It's going to be a lot of fun, let me tell you that!