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Do you think it's a 3 leg down? I heard that but I don't know enough to confirm.Cobra wrote:Huge gap down, normally such a gap shouldn't be filled. It's no ordinary time, so let's wait and see. If you remember what I said in the last night report: the yellow area will be exceeded and in shorter time than that of the last time. Well, I think it's fulfilled today, so it proves again, the selling is getting stronger and stronger.
Global ES is a straight down, now testing the previous low which is the support now, I don't think the support will be broken on this attack, so probably a rebound of some kind at the open, but NORMALLY, such a strong push down rarely is one legged, so the rebound if any is sell.
99er wrote:Before we go...
EURJPY http://99ercharts.blogspot.com/2011/09/eurjpy_22.html
Let's have some toast.
99er wrote:And so what does Dr. Copper say?
HG http://99ercharts.blogspot.com/2011/09/copper_22.html
Um...bummer.