MyPivots
Sign In
JI
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...
JI
jimkane
Rep: 3,058
Posts: 33,089
So, is rat's 'W4' done, and now we get to test that 1831 low? I don't know, I still think they have a lot of shorts trapped now on the TL 'breakdown'.
JI
jimkane
Rep: 3,058
Posts: 33,089
But you've got to be short here, regardless, I think.
JI
jimkane
Rep: 3,058
Posts: 33,089
LOD taken out, now we see if that's it, or if they want to get the overnight low.
JI
jimkane
Rep: 3,058
Posts: 33,089
Get that overnight low! I want 1831! You can do it!
JI
jimkane
Rep: 3,058
Posts: 33,089
Joking aside, there are lots of games to play here. A longer-term TL, the LOD, they will want to 'test' and game those, I'd think.
JI
jimkane
Rep: 3,058
Posts: 33,089
A little correction here. The low, when set in the then front month (basis Sept), was 1831, but in the current contract it was set at 1823.
JI
jimkane
Rep: 3,058
Posts: 33,089
TL at around 62, low in the overnight 61. They are close at 62.75 here.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'd love a swooooooooooooooooooooosh if they take them out, but they most likely just want to game them for now.
JI
jimkane
Rep: 3,058
Posts: 33,089
TL basically hit, so it's showtime. Put up or shut up. Fish or cut bait. Sh&# or get off the pot. Do or die.
JI
jimkane
Rep: 3,058
Posts: 33,089
FB and AAPL smokin' the new LOD's, again. USO starting to move a little.
MA
MarcinO
Rep: 67
Posts: 5,506
Lots of great posts this week, guys.
I'll be off the forum until Thursday unfortunately.