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.

ES possible bounce area, 3D on the 1-min, and it 'sees' it. I am not so sure what it will be able to do, and I also don't like to bet against strong 20+ point moves in either direction, although if I had to I'd put 99% of that effort into the buy side.

Let's see if that pop and little roll there is it.

Okay, looking a bit better now.

I do want to mention, despite what I said above, I feel this is a play I think is worthwhile for someone such as myself.

I'm just saying I don't like it, and it is something I generally would look to avoid in most cases. And those cases I look at would likely be long 99% of the time, in this market. It also requires being very observant and ready to jump at a fraction of a second's notice.

Again, being very alert as this tiny rollover starts here.

I'm not truly thinking so, but it is in the back of my mind: make it all up ASAFP now?

This 'backtest' area in here will probably be it, but you never know with these maniacs, so I am keeping an eye out.

I'd think it would really want to get into that 66.50 area, if it can overcome this area. The thing is, if it can get to 66.50, perhaps it can make it all up...

This is such a machine grind, though, management is super-easy.

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!