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MarcinO
Rep: 67
Posts: 5,506
On the way to 40s area, there is also substantial resistance around 2020.
It includes two sublevels: 22-24 and 13-14, below which ES finished Friday.

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es 2016 03 13 png
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jimkane
Rep: 3,058
Posts: 33,089
The ES looks tired.
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jimkane
Rep: 3,058
Posts: 33,089
I was just musing how they want to get back on that competitive devaluation bandwagon. You know, transfer our money to the Oligarchs via the corporations. They make a lot more 'profit' because the USD is 'cheaper', and we pay more for everything we buy as a result, hence 'subsidizing' them. But what it really is is a wealth transfer brought to you courtesy of the politician puppets acting for their ruling masters. Oh, it sucks to be a mathematician...


Originally posted by MarcinO

Right.
Originally posted by jimkane

Then 1.54. But I know you meant short-term.


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jimkane
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RA
rat89
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Posts: 7,015
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screen shot 2016 03 16 at 3 12 25 pm png

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screen shot 2016 03 16 at 3 10 17 pm png
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rat89
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Posts: 7,015
Click image for original size
screen shot 2016 03 16 at 3 13 31 pm png
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jimkane
Rep: 3,058
Posts: 33,089
The ES is free to run until close if it can find the juice. I'm not sure it can, but I'm just saying, if it wants it, it's there. They may want to save it for later, not use it all up at once.
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jimkane
Rep: 3,058
Posts: 33,089
Nice charts, rat. I look at those, though, and think 'breakout'. But, it would be nice to see the S&P get slammed.
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jimkane
Rep: 3,058
Posts: 33,089
Okay, see how the ES is acting right here?
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MarcinO
Rep: 67
Posts: 5,506
JI
jimkane
Rep: 3,058
Posts: 33,089
Is the ES going to shoot for 35-40 here, or just one more lame stop run? It's there if it wants it. Zero resistance, all it takes is buyers, in my opinion.
RA
rat89
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Posts: 7,015
add modified schiff set - solo and on prior chart in aqua

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screen shot 2016 03 19 at 6 37 37 pm png

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screen shot 2016 03 19 at 6 34 58 pm png