My analysis says the Euro is ahead of a ginificant correction, based on the pattern on M120 TF.
1.1030 area , with some tolerance, may send it down.



And 1.0910 is a good place to start the last push to 1.1030. If that doesn't work, I will be looking at 1.0850, but such a drop would most likely invalidate significance of 1.1030.

Interesting. Especially comparison with Italy's public debt level.
http://www.zerohedge.com/news/2016-01-19/sps-downgrade-german-analyst-politically-motivated-decision-aimed-polish-authorities

There is one curious thing about 1.4230 for the Cable, which,I believe, will be hit tomorrow.
Apart from many lines coming together there, each dynamic and smooth leg down has been retraced by .447-.486. This retracement also fits into the zone.

Here's a curious little factoid. The market cap of the U.S. stock market is bigger than all other markets worldwide all put together! Now, in my opinion something is wrong with that picture. Either that, or it's just more U.S. exceptionalism (an 'inside joke' mocking how stoo-pid O'Bummer is saying that).

I saw that. See, Poland needs to conform to the demands of the EU, to get on board. No more of this dissent. It doesn't matter what Poland (or any other country wants), they need to get to conforming to the unelected EU leaders demands. I can't wait until the EU gets their 'National Army' they are working on, and they get the full implementation (which no country can refuse) of the new 'border army' to secure borders. Zig heil! (to the sound of heels clicking)

Just imagine what will happen when Poland makes a move to get out of the EU, or Britain. Imagine the games they will play. Right now the British Parliament is going to vote on a measure to ban Donald Trump from the country for 'hate speech'. Imagine that. Conform, period. No ifs, ands, or buts. Do as they say, or else. And they can back up the 'or else'.

Originally posted by MarcinO

Interesting. Especially comparison with Italy's public debt level.
http://www.zerohedge.com/news/2016-01-19/sps-downgrade-german-analyst-politically-motivated-decision-aimed-polish-authorities

Hey, great charts and comments, crew.

I've just realized that the ES has dropped 77 points in one day, right off Jim's area.
The second interesting issue is that negative correlation between the Euro and the ES is getting weaker.

CAD has just hit excellent area, and Cable is about 20 pips below 1.4230 hadle.

Chart for CAD level.

CAD is accelerating. 90 pips off the top so far.

We have one word explaining all of these adjectives you used, and it is 'zajebiste'.
Which means f*($#%&* awesome.

Originally posted by rat89

do they have these words where marcin is?

Originally posted by jimkane

OMG, that would be awesome if I did that. Oops... I meant that would be totally tubular and gnarly.

Originally posted by rat89

as long as you don't start saying 'awesome' or 'omg'

Originally posted by jimkane

Did you see how that last minute futures pop went right to the 1-min TL, then backed off? Crazy (my new favorite expression, usurping 'amazing' for now).