How this crap exploded is completely irrational, but it makes 1.20 plus scenario more realistic.
1.1400-30 is a monster area, so we might see some correction here. Next strong level is around 1.18, comprising of two subareas around 1.1750 and 1.1850.
JI
jimkane
Rep: 3,058
Posts: 33,089
Notice how the Euro exploded as it went above Marcin's monster area. Is that it, then, fake that area out, ES bounces, Euro drops?
JI
jimkane
Rep: 3,058
Posts: 33,089
They need to come in here, or this could seriously flash crash. Seriously.
JI
jimkane
Rep: 3,058
Posts: 33,089
Sounds crazy, but it almost seems like it's a must buy, for a very short-term snap reaction. Buying in front of potential flash crash? Hmmmm. I don't want to lose focus on the leaning on it aspect. Some day they simply won't come in...
JI
jimkane
Rep: 3,058
Posts: 33,089
Euro at 1.15. Like I said, it's just like before, easiest money ever.

