In my experience it's never different this time.





Source: http://www.zerohedge.com/news/2014-12-13/time-may-not-be-different-after-all

Okay, read that one dead on. Now we see if that's it, or if it's a tiger by the tail. Got to be ready to act when it changes character.

Using key geomtries I would say 77-80 by March contract.

Originally posted by jimkane

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.

Has the GBPJPY finished correcting? May need further correction.







Waiting for ABCD in EURUSD

Possible GBPJPY Target

ES areas are here, 99, and 2.50, center of areas. I would really like 2.50.

Hey, Duane.

Hi Jim, Happy Holidays to you!!

Gold still correcting.

Yeah, I don't think gold has seen its lows yet. But, it may not head right down, it may finish up higher. I just think it's got some more downside, and I don't see how they will be able to resist pushing it under 1,000. We'll see.

The ES looks ready to move off this level and up to the next one. I'm still enthusiastic about the long side.

Originally posted by jimkane

Yeah, I don't think gold has seen its lows yet. But, it may not head right down, it may finish up higher. I just think it's got some more downside, and I don't see how they will be able to resist pushing it under 1,000. We'll see.

Yeah I concur. Just looking for a bit higher before they slam it down again.

A follow up on that insane SPY thing yesterday.

http://www.zerohedge.com/news/2014-12-19/just-one-question-about-yesterdays-last-minute-berserk-etf-freak-out