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MarcinO
Rep: 67
Posts: 5,506
ABCD to 1.1185?
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6e 2015 10 05 png
MA
MarcinO
Rep: 67
Posts: 5,506
But first, they would like to send it up to 1.13, I guess
MA
MarcinO
Rep: 67
Posts: 5,506
High of the move at 1.1301 and 50 pips reaction so far.
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MarcinO
Rep: 67
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This is why I picked up 1.13 and 1.1180-90.
We saw these proportions last week.

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6e 2015 10 05 2 png
JI
jimkane
Rep: 3,058
Posts: 33,089
I guess going up over 60 points straight up wasn't enough for them. Now up 87.75 points by my data off the low, still essentially uncorrected, and still rising. At a major area here, and looking like it won't even show it the respect to come in a few ticks.
JI
jimkane
Rep: 3,058
Posts: 33,089
I'll post my levels, but basically just 'up'. Up for a long, long time. This is acting 100% like new all-time highs are on the way, and they want them ASAFP. Despite many characteristics that are solely those of a bear market, I'm guessing it's not.

This area here, and it's a monster. Odds of it playing out? My guess, 500 trillion to one against it.

1994-98

2036-40, although it's a the big bearish ABCD area, so it could be wide.

2067-75 is something (even as high as 83ish), but it doesn't fit with my usual three areas I post technique. I'm just getting it out there. The 1.128 ABCD is at 73.91.

New all-time highs in the upper 2100's



Why, oh why, oh why, can't it just respect this area here? But, from my perspective, until something rattles the market, and that seems unlikely now that the Fed won't be raising rates any time in our lifetime it seems (they never were in my opinion, but they, once again, convinced the market they were, and that, one again, has been vaporized).
JI
jimkane
Rep: 3,058
Posts: 33,089
I may have gone around the bend. I'm singing to myself, out loud, 'Mama loves shortnin', shortnin', shortnin', Mama loves shortnin', shortnin' bread. Mama loves shortnin'...'
Yep, I've lost it.
JI
jimkane
Rep: 3,058
Posts: 33,089
Timing factor getting close for this moving out of this little range here.
JI
jimkane
Rep: 3,058
Posts: 33,089
And out it comes, to the upside, of course. A handful more points and it's up 100 off the low in barely more than one calendar trading day.
JI
jimkane
Rep: 3,058
Posts: 33,089
Acceleration time now?
JI
jimkane
Rep: 3,058
Posts: 33,089
This is the very top of the key area.
JI
jimkane
Rep: 3,058
Posts: 33,089