The Euro is pretty likely going to hit 1.1320 tomorrow at London open. This level might be not enough to stop it, and in that case 1.1240-50 should be next.

10 pips to the first level (1.1320).

It has a nice 3D look, but no real reaction so far.

At this time of the day the Euro usually moves sideways, but it's to weak for that now. Interesting.

iwm daily bear abcd in the kz

ES upsloping TL here. Clue time.

And it reacts right off that TL. Bounce to sell, or reversal? If it sells from here more than a sucker trap fake, that would be one heck of a topping formation, and would indicate to me a much higher likelihood of some serious downside coming.

19.75 here is the best area, Let's see if it has respect for it. I want it to, but I am concerned they will play machine ramp games instead.

All signs point to 'up'.

Bearish ABCD here looks like the last chance for the bears.

At every chance to sell they come in and run it higher. Higher lows and higher highs. It has a chance to quit here, but somehow, I'm not a believer. This is the time and place, though, right now...

I'd love to hear move about that. That thing is trading say 27 now, but at its peak was 489,600. I'd say it's down a little. What is it leveraged to, like 100 to 1, when you convert from VIX futures to SPX?

Originally posted by rat89

I'm experimenting with using the spx/ spy triggers to trade uvxy, based on work that roofer did a while back. The damn thing will knock your socks off if you're wrong. It's an animal.