I'll start the week off not with a trading item, but an economic item, albeit one that will directly affect trading in a profound way as it unfolds. No, it doesn't matter jack squat for the trades we may do Sunday or Monday. But in the overall, it's just about all that does matter, as far as trading. It's nothing new, just a summary of what is happening.

http://armstrongeconomics.com/2014/12/20/coming-emerging-market-debt-meltdown/

The best timing factor for this EXP ABCD is tomorrow between European and American open.

That would be nice.

Big pop on the European open. Looks like they want to gun the all-time high, again. But when does the 'bring it in for better prices' happen? Before the open? If they don't bring it in that usually means frenzy up day, in my experience. Always exciting, huh?

they brought it in for better prices early last week, and while everyone was getting bearish they hit the kz into fomc just in time for the ramp into oe. the frenzy up day idea, could be a frenzy up couple of weeks.

Originally posted by jimkane

Big pop on the European open. Looks like they want to gun the all-time high, again. But when does the 'bring it in for better prices' happen? Before the open? If they don't bring it in that usually means frenzy up day, in my experience. Always exciting, huh?

We should get some kinda reaction here.

Well, if it doesn't, Duane, it should be something to see.

On this little ES 'scalp' play, I'm hoping for 75 and change in here and I'll be happy.

But, hitting the HOD may be all it can do. We'll see. I'd love a bigger pop into the close.

But, the overnight high is right there, and the contract high. So, maybe they gun those. I'm just not sure they will in the RTH. I'd like it, but I get the feeling they are saving those.

24.75 looks like it.

Nice little ABCD earlier, went right to the expected spot, but the total points for the move was small. Nice pattern and move technically, though.