ABCD to 1.1185?

I'm expecting a strong last hour with a lot more points added.

11.75 is the big swing-high, so that should be a big stop area.

And it looks that this backest was all it could give.

Originally posted by jimkane

Nice flip on the Euro.

There are a ton of layers in here, but with that 11.75 swing-high I think they will overcome it all to gun that. That leaves the next key area around 2020+-. My suspicion is it wants that area ASAFP.

Normally I'd think this stuff in here would be able to at least check it back notably, but the 'context' and the way they have been gaming it, I think it will shoot for 2020+- area directly. We'll see.

Darn, the price structure is one of this is it into here. Maybe they will come in, and hit that 2020+- area tomorrow into the Friday close? I just can't see any checkbacks until they hit it. Even the timing factor (a different timing factor than the one I discuss in regards to coming out of ranges) says soon. So, to reconcile this, it would have to just explode here in a blast right to 2020+- area?

Much to my surprise it is coming in off the area, and before the swing-high is taken out. I guess they plan to do the usual, bring it in, save those stops, push it to the next area into the Friday close. It's hard for me to see it not rising from here, but I guess...

Time for it to get moving on up?

And there's the new high for the entire move, again. (I see it didn't 'take' when I hit the post button before, so the time will be off for this one.)

Another leg up for crude. It's on a tear now that the dollar will not be strengthening any more due to more money printing coming, not higher rates (or so they believe). I could see crude really moving in here. My heart will break if we never get to see that low 30's area.

This is some funny stuff.

http://blogs.reuters.com/breakingviews/2015/10/09/the-devils-dictionary-of-post-crisis-finance/