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jimkane
Rep: 3,058
Posts: 33,089
Kickin' it off. It's going to get wild. This week is Armstrong's 'Big Bang' date, mentioned at least as early as 1989 in one of his conferences, he said. It's not a date for a market implosion, it's the peak date for government and sovereign debt. Catalonia voted today for independence, a binding vote. The last one was not binding. It was overwhelmingly for secession.

I can find no information on this vote anywhere right now, yet it's over and done. Nothing on ZeroHedge. I find this bizarre. Understand, if any EU country has a secession, it will, in my opinion, begin a waterfall breakup of the EU and the failing of the Euro currency. So, tanks will roll, it will be stopped. But, it may cause massive unrest and even a European war. Markets will move. Hence, this is not a trivial event today. Yet, nothing, no reporting anywhere. I'm... confused...
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jimkane
Rep: 3,058
Posts: 33,089
ES totally rejected at the 5-min downsloping TL. It just can't get any legs. Like I said, chop is the next most likely. It's just beautiful rolling chop. I still can't imagine they don't take a run at this into the close.
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jimkane
Rep: 3,058
Posts: 33,089
What a coil in the ES!
RA
rat89
Rep: 0
Posts: 7,015
possible ending here?

Click image for original size
screen shot 2015 09 29 at 2 42 40 pm png
JI
jimkane
Rep: 3,058
Posts: 33,089
Is it going to collapse? They better be careful, or rat's 'W4' is about to be over.
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rat89
Rep: 0
Posts: 7,015
if it takes out the .886 at 1879 it should be toast

Originally posted by jimkane

Is it going to collapse? They better be careful, or rat's 'W4' is about to be over.
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jimkane
Rep: 3,058
Posts: 33,089
FB and AAPL at new low ticks for the day.
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jimkane
Rep: 3,058
Posts: 33,089
ES right on the key TL. rat's chart is ready to play out. Now we see.
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jimkane
Rep: 3,058
Posts: 33,089
I can't imagine they don't try to come in.
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jimkane
Rep: 3,058
Posts: 33,089
And here they come. Now, will it sustain? Same old watch for clues analysis all day long...
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jimkane
Rep: 3,058
Posts: 33,089
Obligatory TL fake break, or down now? I suspect they will try to at least shake out the break sellers first.
MA
MarcinO
Rep: 67
Posts: 5,506
Lots of great posts this week, guys.
I'll be off the forum until Thursday unfortunately.