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...
RA
rat89
Rep: 0
Posts: 7,015
yowza.....geometry leads news once again!
Originally posted by jimkane
USO starting to dump in the aftermarket.
MA
MarcinO
Rep: 67
Posts: 5,506
The Euro has made it to 1.1215 and is on key slope line now. I'm thinking it will break it, but one should be careful here.
Originally posted by MarcinO
Time for CD leg to the area posted in the morning? The Euro reversed shy off that level on nice Fibs grouping.
JI
jimkane
Rep: 3,058
Posts: 33,089
ES at a key area now. It is set up against the bigger area sending it down, though. So, that makes this a doubly critical spot. Recall I mention the 1900's. Well, that's where it went before dumping. Now we really see.
JI
jimkane
Rep: 3,058
Posts: 33,089
Let me mention that it could still dump here, but not take out that 1823 low, it could just range trade down lower. But, I am not convinced this is necessarily headed up here.
JI
jimkane
Rep: 3,058
Posts: 33,089
Nice launch off the area so far. The interesting part is how to assess this from a management standpoint. I was going to lay this all out, but I need to pay attention, and it's too much. I've done it before elsewhere. Watch as it hits the very first priceflow right here. First clue.

