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.

Originally posted by jimkane

Anyway, the question asked to Super Mario 'Is that a bazooka in your pants, or are you just happy to see me?' has been answered. Magic Mario pulls it out in public, and it was, indeed, a bazooka. And he fired that bazooka at will, spraying all over everybody and everything...

And the Euro is going straight up, and stocks are weak... The exact opposite of the 'logical', expected response, IMO. In other words, everything is as it should be...

See how that was right on time?

Originally posted by jimkane

It's getting close to time to make a move out of this coil.

Aussie is approaching 0.7420.

And see how (for now) it respected that?

Originally posted by jimkane

But notice the obvious price flow right where it is here, and how that is a push just a tiny bit below the obvious TL.

Originally posted by MarcinO

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It was good for more than 10 points so far. This may be it, but if not, there is a lot of potential in this.

Originally posted by jimkane

And see how (for now) it respected that?

Originally posted by jimkane

But notice the obvious price flow right where it is here, and how that is a push just a tiny bit below the obvious TL.

Originally posted by MarcinO

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Yes. Nice call.

Okay, here's the next area to be cautious.

And that price flow you mentioned was indeed obvious.

See?

Originally posted by jimkane

Okay, here's the next area to be cautious.

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