After spot market clouse the Euro gave a 35 reaction off the area posted on Friday, but I would expect a little more down.
The Cable is also in a very distinctive area, defined clearly by basic KT tools.

Been saying this for about forever, but to no avail.

http://market-ticker.org/akcs-www?post=230713

Okay, is the ES going to rise now, or just more of the predicted (and seen for almost an hour now) chop?

Thar she blows!

Watch the overhead TL here, and the fake. Now we see.

another bear abcd setting up?

Yawn. Same old, same old.

Originally posted by jimkane

Watch the overhead TL here, and the fake. Now we see.

And here's the spot for up if that's their intention. I'm hoping it dumps...

This could be a bearish 4PT right at that reversal there.

Originally posted by rat89

another bear abcd setting up?

Looks like a shakeout before a big punch up. Just a thought.

Time for rat's bearish ABCD?

What more could you wish for? A return of roofer would round it out nicely. Anyway, it is far better to have three focused traders than a chat room full of noise. This week was another killer week, can't wait for next week ;)

Originally posted by jimkane

What a triumvirate we have in here. In a Jamaican accent (imitating the guy in the movie Cool Runnings) -

We got de:

One Jim, shakin' it down on the ES intraday

We got de one Rat, killin' the stocks and ETF's

And last but not least we got de one Marcin, dominating the Euro for all to see.


All discussed in advance, pretty much day in and day out. Yeah, this ain't the coolest forum ever.