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MA
MarcinO
Rep: 67
Posts: 5,506
Starting it off.
RA
rat89
Rep: 0
Posts: 7,015
127.13 – 120.24 = .768 at 125.66
125.93 – 123.32 = .886 at 125.63

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screen shot 2015 06 08 at 9 47 03 am png
MA
MarcinO
Rep: 67
Posts: 5,506
Cable is likely to stop here today, I guess.


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6b 2015 06 08 png
RA
rat89
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Posts: 7,015
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screen shot 2015 06 08 at 2 17 15 pm png
MA
MarcinO
Rep: 67
Posts: 5,506
And Euro seems done, too.

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6e 2015 06 08 png
JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, rat, that lines up with a key, obvious TL on the ES (with overnight data), with additional (strong) technicals. But I rather suspect a bounce is the best it can do, and may not even do that. This is going to be exciting.


Originally posted by rat89

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screen shot 2015 06 08 at 2 17 15 pm png

JI
jimkane
Rep: 3,058
Posts: 33,089
That Euro is a monster. Up almost 250 pips since the Friday low. As you show, a monster currency in a monster move, up against a monster area. We shall see. I have only one desire, as you all can guess: 'Die, pig, die!' I can't wait to see it around 80. I hope I live long enough to see 60, and then the demise, but given how many decades they seem capable of letting the people suffer to keep it going for themselves by using scams and shenanigans, probably I won't get to see it... That will break my heart. It might be my greatest wish in life at this point, to see it burn.


Originally posted by MarcinO

And Euro seems done, too.

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6e 2015 06 08 png

MA
MarcinO
Rep: 67
Posts: 5,506
But this pig is so strong now.... Area hit just before the close and almost no reaction. As if nobody thought about taking profits here.
Very interesting.
JI
jimkane
Rep: 3,058
Posts: 33,089
It might be straight to the 120's area with no break. No one on earth will believe the Euro under 80 (no less 60) after the move to the 120's. And that's just what it will take (no one believing it is possible)
.

Originally posted by MarcinO

But this pig is so strong now.... Area hit just before the close and almost no reaction. As if nobody thought about taking profits here.
Very interesting.
JI
jimkane
Rep: 3,058
Posts: 33,089
The Trannies got the sh$% kicked out of them today, over 4x the drop, percentage-wise, as the Industrials.
JI
jimkane
Rep: 3,058
Posts: 33,089
The SOX was also pretty weak.
JI
jimkane
Rep: 3,058
Posts: 33,089
BTW, how's my SHOP looking now?