The ES stopped at 2007 doing a great job hitting stop loss orders.


A stronger resistance is between 32 and 44, I guess.


But before that, I would suppose a correction to low 70s.

I had some spare time watching crappy price action in the Pound for the first few hours.

Originally posted by jimkane

Marcin is a posting machine!

Too funny.

Originally posted by jimkane

Buyers now?

I hear that.

Originally posted by MarcinO

I had some spare time watching crappy price action in the Pound for the first few hours.

Originally posted by jimkane

Marcin is a posting machine!

gdx test and retest

First obvious TL here.

Which indicates lower 70s again as a PTA.

Pound is accelarating into the zone.
Along with ES it looks like a 'risk on' market.

See? Through the first, obvious TL, before the bigger, also obvious, TL. Can it sustain, though?

There it is!

I still think the selling pressure is going to be around.

they put it exactly where they had to put it into the close, where (5)=(1) at 2022 spx and 202.77 spy