JI
jimkane
Rep: 3,058
Posts: 33,089
All of what is happening is not new. It's been happening in the U.S. for a long time, and elsewhere literally for millennium. The only difference now is the scale.
http://www.zerohedge.com/news/2015-06-07/thats-uncanny-102-years-later-wall-street-turned-out-just-man-predicted
http://www.zerohedge.com/news/2015-06-07/thats-uncanny-102-years-later-wall-street-turned-out-just-man-predicted
MA
MarcinO
Rep: 67
Posts: 5,506
With the Cable they made it higher, just below previous local high.
This, along with the move down today after European open, makes me think that we may see 1.5270 tomorrow morning. Of course, if 1.5377 surives for that long.
This, along with the move down today after European open, makes me think that we may see 1.5270 tomorrow morning. Of course, if 1.5377 surives for that long.
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
Cable falling sharply without hitting previous local high.
50 pips to my area. We will see.
50 pips to my area. We will see.
MA
MarcinO
Rep: 67
Posts: 5,506
LOD at 72. If the fractal which drives Cable now works, we should see a dynamic move up.
Click image for original size
MA
MarcinO
Rep: 67
Posts: 5,506
New LOD but still within tolerance level for the area posted yesterday. We will see if that was a shakeout or a larger correction is needed.
Right now I would bet the former, but one needs to wait for confirmation by price action.
Right now I would bet the former, but one needs to wait for confirmation by price action.
