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    MarcinO
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    I will start with Cable. My next levels are around 1.4330 and 1.4110, and should be treated as an approximation as they are derived from a daily time frame.

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    6b 2016 05 08 png
    MA
    MarcinO
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    But they want it at 77, I guess.
    MA
    MarcinO
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    They cannot make a new high for now.
    Do they want to repeat yesterday's scenario with ABCD?
    RA
    rat89
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    spy then and now

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    screen shot 2016 05 06 at 11 20 22 am png

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    screen shot 2016 05 10 at 9 51 59 am png
    MA
    MarcinO
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    Nice call, rat. Line to line.
    MA
    MarcinO
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    |Time to go short.
    MA
    MarcinO
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    I wonder if this is another bullish ABCD on M1, or they really want to drop it. At this moment I am still prefering the latter.
    RA
    rat89
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    they could push it higher, but this is the first obvious place for w2 to end.....alternate count off Friday's low could send it much higher, so the clue is whether it takes out Friday's low
    MA
    MarcinO
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    Here I meant dropping to mid 50's, expecting larger correction after getting to 77, but this is of course one of many possible scenarios.
    MA
    MarcinO
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    Nothing but up though....
    RA
    rat89
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    eye on .618 at 208.23
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    screen shot 2016 05 10 at 12 24 44 pm png
    RA
    rat89
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    you too Marcin