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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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MarcinO
Rep: 67
Posts: 5,506
1.4345 may work as support again.
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MarcinO
Rep: 67
Posts: 5,506
Nope. It keeps on rising.
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MarcinO
Rep: 67
Posts: 5,506
Over 200 pips today. That should be enough especially after second test of 1.4430 weekly TF price flow.
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MarcinO
Rep: 67
Posts: 5,506
This low 80s is first support. Next level, again, is at low 40s.
RA
rat89
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Posts: 7,015
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screen shot 2016 03 17 at 8 48 02 am png
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MarcinO
Rep: 67
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Pound is rising like crazy. 1.4490 area is where it can stop for some time.
JI
jimkane
Rep: 3,058
Posts: 33,089
I wasn't joking even one tiny little bit when I gave those pound levels yesterday...
JI
jimkane
Rep: 3,058
Posts: 33,089
Or when I said they are going to weaken the dollar substantially i.e. kick the sh#% out of it, again.
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jimkane
Rep: 3,058
Posts: 33,089
Or when I said awhile back, and reiterated yesterday, I think crude is going straight to 48, almost doubling it off the low.
JI
jimkane
Rep: 3,058
Posts: 33,089
Anyway, the ES hit 37.25 in the overnight, our much discussed 35-40, where it checked back. I do not think this area will stop it. Until something changes my working assumption is it is more likely than not headed to new all-time highs. Understand, I could change that view in less than a nanosecond if I get any hint any price action is not consistent with that viewpoint. And there will be checkbacks along the way. It is very, very stretched right now.
RA
rat89
Rep: 0
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