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.

42.25 point drop high to low by my data. I can't complain about that. I hope the first move isn't wrong in this case.

It may be ready to move now. Normally I never expect any reversals when there is pressure only from one side, but I see some possibility here they may start to come in. Maybe not, I'm just saying, it's not off the table in here, from my perspective.

Day in and day out I read it like this. No claims, just an observation, based on opinion.

Originally posted by jimkane

It may be ready to move now. Normally I never expect any reversals when there is pressure only from one side, but I see some possibility here they may start to come in. Maybe not, I'm just saying, it's not off the table in here, from my perspective.

Euro up 397 pips off the low by my data. Sounds like a fairly average movement...

Aussie 'saw' 20s.

nobody out there expects spx and gdx to go down together. Wouldn't that be a surprise? .886 tomorrow?

Okay, get ready for the bearish ABCD to fail.

Can it really get to 97 before the close? Up 30+ off the low? Well, first it has to take out this bearish ABCD. If so, perhaps.

Range is 93.50-97.25.

Watch 87.25 area closely on the way, in case...

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