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.
JI
jimkane
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ES breaks below price flow, the Russell gets back to it (their charts are different, they aren't both on that same price flow right now, the IWM price flow equivalent is around 114). Interesting.
MA
MarcinO
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Low at 1.1406 and up again. 1.1479 and 1.1520 are minor resistanse level on the way to 1.1550-60.
Originally posted by MarcinO
1.1360 around European open tomorrow?
1.1408-10 is a minor support.
JI
jimkane
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Posts: 33,089
I just woke up and checked it out, and I'm thrilled with how this short side is working out. There is an area here at this 54.50 low, but I have a monster area from 45-50 or so, and some things down to that .382 at 39.65. This is the area I am really watching closely, much more so than the current 54.50 area at this .300. I'm so excited how this has played out that I might not get back to sleep for one more 'sleep cycle' (mine are dead on the normal average of 90 minutes, the problem is I wake up between every single one, pretty much...) Later gators. Zzzzzzzzzzzzzzzzzzz.
MA
MarcinO
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Posts: 5,506
The Euro made it to 1.1476 (3 pips below my favorite 79) and is reversing nicely. I think that 1.1350-60 is posiible today.
MA
MarcinO
Rep: 67
Posts: 5,506
I know you guys love bear market, but I'd prefer red hat from this picture.









