I'm expecting some serious action this week. Sunday night/Monday has the potential for a serious meltdown. Probably not, but in my opinion, it isn't off the table.
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jimkane
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This is cool. There is no limit, it seems, as to what can happen and people simply don't respond...
85-87 around 1.272 is the heart of ABCD with a perfect timing factor at tomorrow's American open.
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jimkane
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Yes, Marcin, that's a key spot. It also gets weird because we are now front month Mar contract, and it is trading about 11 points lower than Dec, so how does that factor in? We need to see the work, as best as it can be done, for Mar to see where that area is, too.
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jimkane
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Actually it was about 7 points lower, but the early indications for Dec are kinda 'off', so it's about 11 right now.
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jimkane
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ES indicated to open down-1.75 right now, not that that matters much, it can do anything from there, or before it actually opens.
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jimkane
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At least they got it back to about 7 points between them, like it 'should' be.
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jimkane
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And now we can get to the business that we are all here for: selling.