My next levels are 1.1450 and 1.1540-50, with minor level at 1.1410-20.
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But before that it the most likely scenario in my opinion is a correction to 1.1280-90.
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MarcinO
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On Friday evening the Euro stopped at 1.1368 December contract basis, right at AOC.
My next levels are 1.1450 and 1.1540-50, with minor level at 1.1410-20.
But before that it the most likely scenario in my opinion is a correction to 1.1280-90.
My next levels are 1.1450 and 1.1540-50, with minor level at 1.1410-20.
But before that it the most likely scenario in my opinion is a correction to 1.1280-90.
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MarcinO
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Posts: 5,506
Originally posted by jimkane
Yawn. And the highs of the move so far have been taken out today, in a beautiful, smooth trend. Who was it again that, in this context, coined the phrase 'same old, same old'? Oh, yeah, that guy that got rich selling books...
Originally posted by jimkane
And there it is. Yawn. How many times have we seen this?
Originally posted by jimkane
The ES is right up against the 60-min overhead TL and is ready to pop. Once it takes this out, the highs for the entire bounce up should be ready to be gamed. It's getting all screwy in here, the way it is jittering on the 1-min/tick chart, so something is about to happen, I suspect.
JI
jimkane
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I am really hoping that holds, rat, or crude might get moving to the upside. Perhaps it needs it to make the final descent into the mid to low-30's (or even try to push a handle in the twenties i.e. 29.99), but I'd prefer it just starts heading back down, like the Euro. The Euro may need to push higher, but I'd rather it just died right from here...
Originally posted by rat89
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jimkane
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BTW, I said the ES move was in a smooth trend. Usually when I say that, I mean a trend, intraday, from bell to bell, that has small pullbacks for intraday i.e. one single, easy play. Here I meant the trend so far. Look back to the Monday night low, and look at the trend from there, and you'll see how the continuing move is all part of this 'smooth trend'. I thought I'd clarify that, as what I meant was obvious to me, but maybe not to all the readers.
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jimkane
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If you think the Tuesday overnight interrupts the smooth trend because of how long it goes sideways, just look at it on a tick chart.
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jimkane
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Futures set new HOD, then close nearby. Yee-frickin'-haw. What would a run up to the Fed meeting imply?
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jimkane
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Makes me wonder... The Fed starts raising, Trump gets in (Wall St. hates him)...
http://www.zerohedge.com/news/2015-09-16/biggest-double-top-ever
http://www.zerohedge.com/news/2015-09-16/biggest-double-top-ever
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rat89
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sorry, but the tracks were laid for that train wreck way before obama, and the fact that he is considered to be "left", when in fact he's to the right of nixon is a joke. The wrecking of the financial balance really began in 1980, and both sides participated wholeheartedly. It's tragic.
Originally posted by jimkane
Simply amazing...
http://www.zerohedge.com/news/2015-09-16/obamas-recovery-just-9-charts
