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MarcinO
Rep: 67
Posts: 5,506
Lot of large scale (M60, M120) sets are interesecting in 34-37 range.

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es 2015 01 25 png
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jimkane
Rep: 3,058
Posts: 33,089
That sure was another monster pump in the ES there, huh? 'They' are not gone by any stretch. Right when it gets to the danger point, they magically appear again and again. And they are still pumping. Hard to believe where this was just this morning.
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jimkane
Rep: 3,058
Posts: 33,089
I can't get over this action!
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jimkane
Rep: 3,058
Posts: 33,089
I can't let go of this thing and get to sleep. It is really doing some nice stuff. I'm glad I had some nap time today... Here's an article pointing out what I'm thinking. But, Armstrong, the supposedly only guy who really understands what is happening, says up to possibly Dow 43,000.

http://www.zerohedge.com/news/2015-01-27/equities-will-be-devastated-crispin-odey-warns-looming-recession-will-be-remembered-
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jimkane
Rep: 3,058
Posts: 33,089
P.S. Just so everyone understands, I am on the west coast, so you have to take three hours off the timestamp this forum shows (it shows east coast time). Hence, I really don't stay up all that late. With a big nap or two it's easy.
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MarcinO
Rep: 67
Posts: 5,506
I can't wait to see support and TL broken in the Euro.

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6e 2015 01 28 png
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MarcinO
Rep: 67
Posts: 5,506
So far so good
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jimkane
Rep: 3,058
Posts: 33,089
Not too many traders would try a short here, I think...
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jimkane
Rep: 3,058
Posts: 33,089
The timing factor on the Euro is now in place for it to move. I think the 'short-covering' may go a bit further, but perhaps not.
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jimkane
Rep: 3,058
Posts: 33,089
ES at the bounce spot here at 27.00 if the strong trend continues. Let's see if they are going to dump this, or not.
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jimkane
Rep: 3,058
Posts: 33,089
On the very short-term 27 area here is monster.
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jimkane
Rep: 3,058
Posts: 33,089
The linearity of that 200ma is just crazy stoo-pid, isn't it?