Es might be done at 65.75, with some support area over there, but there is much stronger level in high 30's, which is likely to work like a magnet.
I will also mention 1720, but I don't believe it will be hit soon, so if ever ES is gonna get there it will need more time, so most likely it won't reach that level in ABCD fashion.
MA
MarcinO
Rep: 67
Posts: 5,506
Cable did noticed the first level and respected it... for a while.
Originally posted by MarcinO
My next, a bit rough, levels for the Pound are: 1.4495. 1.4470 and 1.44.
MA
MarcinO
Rep: 67
Posts: 5,506
1.4450 stopped it.
I wonder, if that area produces significant reaction, whether it means one more push to 1.47.
I wonder, if that area produces significant reaction, whether it means one more push to 1.47.
MA
MarcinO
Rep: 67
Posts: 5,506
100 pips reaction indicates a rally tomorrow, I guess.
BTW, if someone cares to have a look at the Pound, he will find out that there is one retracement explaining most of pivot points, and it's the one invented by Jim.
BTW, if someone cares to have a look at the Pound, he will find out that there is one retracement explaining most of pivot points, and it's the one invented by Jim.





