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MarcinO
Rep: 67
Posts: 5,506
Starting it off.
JI
jimkane
Rep: 3,058
Posts: 33,089
Pushed under the upsloping TL, now over the downsloping TL. I guess it's the same as last week...
JI
jimkane
Rep: 3,058
Posts: 33,089
Just look at this frickin' coil...
JI
jimkane
Rep: 3,058
Posts: 33,089
It looks like imminent and complete collapse coming any second now. This must be the trap.
MA
MarcinO
Rep: 67
Posts: 5,506
Yes. I hope currencies are starting to break out of it.
Originally posted by jimkane

Just look at this frickin' coil...
MA
MarcinO
Rep: 67
Posts: 5,506
And I know you meant ES.
JI
jimkane
Rep: 3,058
Posts: 33,089
The CBOE is having endless trouble with their options trading today. Holy crow.
RA
rat89
Rep: 0
Posts: 7,015
love how it rushed this area, and now it's so quiet...

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screen shot 2016 03 21 at 12 55 17 pm png

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screen shot 2016 03 21 at 12 55 35 pm png
RA
rat89
Rep: 0
Posts: 7,015
Click image for original size
screen shot 2016 03 21 at 12 56 27 pm png
JI
jimkane
Rep: 3,058
Posts: 33,089
Okay, old downsloping TL broken, all it needs is to take out the readjusted one, and it can get to my posted area, I think. But will it get there, or just go over that TL, then roll down to get a lower one ad nauseum.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, rat, your S&P charts show the area pretty nicely. I mean, this is it. It either was a short-covering rally in a bear market, and it's go time now to the downside, or it's not. This is the spot it should show its hand.
MA
MarcinO
Rep: 67
Posts: 5,506
Pound spot is 70 pips down from yesterday HOD.