Starting it off.

Al

Cable made nice bearish correction right of top of 1.4025-35 area, hit yesterday.
Despite a bullish data and layout I count on a serious drop from here. Areas posted yesterday remain valid.

Just one update. 1.4025-35 was hit yesterday (LOD at 1.4038).
As I wrote above, two lower areas remain the same, but with current timing factors 1.3970 need to be widened to 1.3970-90 range.

Originally posted by MarcinO

Unless inflation data release, due in 15 minutes, doesn't change the sentiment, I guess Cable will be dropping.
Support levels are as follows: 1.4025-35, 1.3970, 1.3900.
All prices for 6B M18 contract, currently 55-60 pips above spot.

35 pips range since my last post. Everyone is waiting for Fed today.

And the whole structure was invalidated after Fed's rate decision yesterday sending USD lower.
Today I am waiting on Bank of Englad rate at 8 AM EST.

if qqq is going to turn up, it pretty much has to do it here

nope on that qqq area

spy 60 - coming into a key area here...the median line does not have to get hit, and if it doesn't, there will be a failed bear setup in median line terms. Price is now in the area where:

251.91 - 279.29 = .50 at 265.60
263.76 - 279.29 = .886 at 265.53

nope, by the way ;)

BA was in a Kane TD completing at 0.382 fibo, Maybe it will morph into a Kane 4P.




Al :--)

rat,

Simply Amazing.

Al

Originally posted by rat89

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