The Pound may need one more move up to 1.5170-80 before a larger move down.
After that a further move up cannot be excluded to 1.5270 - 1.53.
JI
jimkane
Rep: 3,058
Posts: 33,089
So, if 'they' can't bounce off that, rat, to me that means it likely collapses down hard.
JI
jimkane
Rep: 3,058
Posts: 33,089
Hard to believe this is 62.50 points lower than yesterday, by my data, and it isn't in crash mode. I mean, 62.50 points smoothly down. That many points you'd think it was a flash crash type of deal. No, just smooth trending. Gotta love it.
JI
jimkane
Rep: 3,058
Posts: 33,089
Venezuela heavy crude 31.24 a barrel...
http://www.zerohedge.com/news/2015-12-11/venezuela-oil-prices-crashes-2004-lows
http://www.zerohedge.com/news/2015-12-11/venezuela-oil-prices-crashes-2004-lows


