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MarcinO
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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.

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6b 2016 08 21 png
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MarcinO
Rep: 67
Posts: 5,506
Cable looks like making a final blow into 60-80 zone.
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MarcinO
Rep: 67
Posts: 5,506
First support for the ES at 79, but I am not sure it will stop it.

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es 2016 08 24 79 png
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MarcinO
Rep: 67
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I wouldn't be surprised to see a drop to 62.

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es 2016 08 24 62 png
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MarcinO
Rep: 67
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Cable in 70's. It should be done here but it doesn't look like ready to stop.
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MarcinO
Rep: 67
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Some signs of weakness now.
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MarcinO
Rep: 67
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Cable is starting to fall. My levels are 1.3230 and 1.32.
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MarcinO
Rep: 67
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Between the two levels for ES, posted above, I would also be careful at 74.50 and 70.
But 62-63 is my favorite level.
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MarcinO
Rep: 67
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Righ now ES seems doen in 79 area, at elast for a while.
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rat89
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bear abcd
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screen shot 2016 08 24 at 12 06 02 pm png
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MarcinO
Rep: 67
Posts: 5,506
I'd love to see shares of these m*^&*($ fall down to zero.

Originally posted by rat89

bear abcd
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screen shot 2016 08 24 at 12 06 02 pm png

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MarcinO
Rep: 67
Posts: 5,506
And it looks done now.