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MarcinO
Rep: 67
Posts: 5,506
The ES stopped at 2007 doing a great job hitting stop loss orders.
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es 2016 03 06 png


A stronger resistance is between 32 and 44, I guess.
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es 2016 03 06 2 png


But before that, I would suppose a correction to low 70s.
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es 2016 03 06 3 png
JI
jimkane
Rep: 3,058
Posts: 33,089
ES right back at the TL now, and it 'sees' it. Last chance for it, and 'they' know how critical this is.
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MarcinO
Rep: 67
Posts: 5,506
I will feel like a sucker of the year if it does so.

Knowing that it gets there without any idea to get safely on board is frustrating a bit.
Originally posted by jimkane

I'm starting to think it has a chance to hit that 70's and the new low for the move, if they keep on it.
RA
rat89
Rep: 0
Posts: 7,015
needs to defend this here and now
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screen shot 2016 03 08 at 3 32 37 pm png
JI
jimkane
Rep: 3,058
Posts: 33,089
So, they got through the TL, and almost to the low, so maybe that's all they want? I'd like the area to be hit, but I think they want to avoid that, so I'm not sure it will get there. Either way I don't really care, I'm amazed it did this much, but it would be cool... I think they'll want to gun it a bit here.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, rat, exactly what I said. I should have looked for new posts first...
JI
jimkane
Rep: 3,058
Posts: 33,089
Well, they did it, and after pushing on the key area at the HOD over and over, right to the limit. Area to area today, just like yesterday. Pretty frickin' amazing, actually.
JI
jimkane
Rep: 3,058
Posts: 33,089
And right after it hits the area it does a snap bounce to the KZ...
JI
jimkane
Rep: 3,058
Posts: 33,089
Time to make it all back now? For tomorrow? Thursday we get Magic Mario and his wonder printers doing 'whatever it takes', so they should be running this in anticipation of at least another 50 trillion for the markets, until the next meeting, where they can do some more.
MA
MarcinO
Rep: 67
Posts: 5,506
Cable is approaching yestereday's low. It needs to hit 1.41 before next leg up, I guess.
MA
MarcinO
Rep: 67
Posts: 5,506
SL hunting to 1.4205 and down?
RA
rat89
Rep: 0
Posts: 7,015
they put it exactly where they had to put it into the close, where (5)=(1) at 2022 spx and 202.77 spy


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screen shot 2016 03 11 at 6 43 34 pm png

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screen shot 2016 03 11 at 6 43 46 pm png