MyPivots
Sign In
MA
MarcinO
Rep: 67
Posts: 5,506
Cable sell-off started right below my most favorite 1.32010-20 area. It is still possible they will send it to a new nominal high right there, but most likely play is a move to 1.3140 before American open and then down.

Click image for original size
6b 2016 08 21 png
MA
MarcinO
Rep: 67
Posts: 5,506
Alternative area, for the one posted above, is 1.3110.
MA
MarcinO
Rep: 67
Posts: 5,506
Are we at the C point of 1.3110 ABCD?

Click image for original size
6b 2016 08 22 png
MA
MarcinO
Rep: 67
Posts: 5,506
Pound broke above 1.3110. I think it wants to test 1.3130-40 now.
MA
MarcinO
Rep: 67
Posts: 5,506
Nice support for the ES around 77.

Click image for original size
es 2016 08 22 png
MA
MarcinO
Rep: 67
Posts: 5,506
ES is moving a bit off lower lines in the area above.
MA
MarcinO
Rep: 67
Posts: 5,506
If that reaction continues my AOC is at 88-90. Minor level at 81.


Click image for original size
es 2016 08 22 aoc 88 90 png
MA
MarcinO
Rep: 67
Posts: 5,506
ES evolved into flat ABCD to 73.. It doesn't change importance of 88-90 if it gets there.
MA
MarcinO
Rep: 67
Posts: 5,506
At least Cable works as planned and has just hit 30's.
MA
MarcinO
Rep: 67
Posts: 5,506
Cable is on fire. My next levels are 1.3180 and 1.32+.
RA
rat89
Rep: 0
Posts: 7,015
interesting point in time here....
Click image for original size
screen shot 2016 08 22 at 10 42 21 am png
MA
MarcinO
Rep: 67
Posts: 5,506
And it looks done now.