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For Fuck’s Sake!
173

For Fuck’s Sake!

by The MoleDecember 13, 2011

This tape is starting to wear me out a little and I’m ready to take a breather during the holidays. Which of course is a great sign that all the nasty whipsaw is soon going to resolve into a major move to one side or the other. Psychology is everything when it comes to trading the tape on a daily basis – it wears on you even if you don’t want to admit to it. My personal remedy is my daily gym + MA routine which, after getting punched in the face a few times, does wonders in triggering that mental reset (a.k.a. stress and frustration release). May I add that my dentist has me on his Christmas inner circle list? Anyway, your mileage may vary – so find yourself that one mental refuge that helps you wash away the stress and gets you back running on all six cylinders.

I’m not even going to bother talking about the spasmodic gyrations we had to endure today. What I really care about is that inside candle that seems to be on the menu for today. Of course, the day ain’t over yet – so if we breach through that 25-day SMA then my MMMRs were spot on yesterday and the longs are in for some pre-X-Mas pain.

I looked around my chart universe and pretty much everything is running in circles – very little edge. No to completely disappoint I did manage to dig up two possible FX setups however – so please join me in the evil lair:
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More charts and cynical commentary below for anyone donning a secret decoder ring. If you are interested in becoming a Gold member then don’t waste time and sign up here. And if you are a Zero or Geronimo subscriber it includes access to all Gold posts, so you actually get double the bang for your buck.
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Cable is dropping through its daily NLSL – my target is at 1.538. Unfortunately things have accelerated a bit since I took this snapshot about 20 minutes ago, so I would wait for a retest of that NLSL. You don’t want to chase anything in tape like this. Well, do we ever? 😉

Then there’s the USD/JPY – which is still playing with its NLBL at 77.85 – my target area is not too far away at about 78 and change. Admittedly not the biggest money trade I’ve posted but heck – I only report the tape, I don’t make it (yet)…

What all this ties into however is a break out on the Dollar side. Which equities may be able to fade for a while (i.e. during the X-Mas holidays) but if ole’ bucky pushes over the 80 mark (perhaps EOY) then expect some ugliness in January. Is it me or is an inverse H&S from hell in the works here?

Anyway, in the interim I expect a bit of push back if/once bucky gets close – so structure your short term FX trades accordingly. Don’t get greedy and take profits if your targets are being touched.

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Cheers,


About The Author
The Mole
Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.
  • Anonymous

    very nice post! So German of you “six cylinders”, in line six too surely 😉

  • http://practicalt.blogspot.com/ Gold_Gerb

    Diesel.

  • Anonymous

    zerofx frozen 14:37 est

  • http://evilspeculator.com molecool

    Oh stop bitching – I needed the chart 😉

  • Anonymous

    @ mole Why are you screaming. I have been taking all your sell setups over the weekend and guess what you are still making me money. Get some chilled beer!

  • http://evilspeculator.com molecool

    You’re not a sub so you’re running on vegetable oil.

  • Anonymous

    “After fighting, everything else in your life got the volume turned down.”

  • Anonymous

    @skynard closing commodity currency shorts. Going long.

  • http://evilspeculator.com molecool

    Hey, maybe my MMMRs are not completely useless after all! 😉

  • Anonymous

    Useless! Brother it was not even close to being useless! 

  • Anonymous

    Adding on every rally here. Working well:)

  • Anonymous

    Looking for DXY pullback?

  • http://profiles.google.com/john.vmsp John Barnes

    Why the hell is the VIX just sitting there? Benflation buying all the puts and selling them to the Iran?

  • Anonymous

    I know that technical analysis on the VIX has only limited value, but that index may actually paint a Morning (Doji) Star formation if we get some upside tomorrow. This would be a clear sign of reversal in a normal context.

    http://stockcharts.com/h-sc/ui?s=$VIX&p=D&yr=0&mn=0&dy=10&id=p88736765361&a=248938436

  • Tronacate

    Keep ’em coming……

  • Anonymous

    Sword is in deep..

  • http://practicalt.blogspot.com/ Gold_Gerb

    maybe it’s stuck.
    😉

    (GG ducks)

  • http://practicalt.blogspot.com/ Gold_Gerb
  • Anonymous

    Its not that its of limited value, TA on the VIX works excellently, but DIFFERENT TA.

    Since VIX is not a chart of price over time, and not a reflection of buyers and sellers in a real market, drawing trendlines, inside days and such, is retarded.

  • rhae

    SPY 1000 tick chart… Is this chart correct? If so, I can see why it would drive one NUTS!

    a long flag with little volume, setting up for a big screw job
    http://screencast.com/t/wuMRQp64GJZ

  • Tronacate

    Even given the whipsaw…….lower highs……lower lows

  • Anonymous

    As usual skynard is right, now why did i set my shorts stop-loss so tight…

  • Anonymous

    89 is my target. but temporarily looking for a pullback

  • Anonymous
  • Tronacate

    fear

  • http://practicalt.blogspot.com/ Gold_Gerb

    that’s what I was thinking.
    but it’s turnaround tuesday, and tomorrows whipsaw wed.  
    so file under Mental M.

  • Anonymous

    Are you a sub?

  • Anonymous

    Mole, some comments on the tape today. Correlations broke down, $spx is the odd man out. AUD, AUDJPY, gold, silver, Eur all broke down. EUR looks embedded in the lower bollinger, so does gold. 

    Therefore $spx is a concerted effort to hold the line at the moving average support zone (because of the shape of the moving averages, all the MA’s from 20EMA to 50 EMA are nearly in the same place, providing a greater confluence support)

    I’m still very very suspicious of the long case here, and it appears the santa effect is trying to polish this turd, or roll it in glitter at least 😉

  • Tronacate

    Now the ZL is starting to show some life…….

  • Anonymous

    Now now let me say this however..Skynard will probably remember 1220.. would be sweet spot to stop. But if not, then we have a totally different story.

  • Schwerepunkt

    1220 ESH just fell. 

  • Anonymous

    Mole: Your MMMRs are most likely right-on. The Citigroup Surprise Index is a couple ticks away from 100, which is a very high reading!! This often indicates key highs in the market. Also, the SPX cannot pierce the down sloping resistance line going back to the beginning of 2011! 

  • Anonymous

    Just curious, what TA works excellently on the VIX?

  • Anonymous

    Like the song

  • http://profiles.google.com/john.vmsp John Barnes

    Ok, I can accept that. But what exactly “works.” Just trying to learn. 

  • Anonymous

    Next /ES support anyone? Looking at 1208

  • http://practicalt.blogspot.com/ Gold_Gerb

    GG has a fib fan about .50 lower
    122.30

  • Anonymous

    This looks sick:)

  • Anonymous

    Holly yankers!

  • Joe_Jones

    Yes. Please get mad more often, it works for me. 
    😉

  • Schwerepunkt

    Teutonic prevarication . . . most atypical. 

  • Anonymous

    You mentioned the rounded top formation a while ago, which i have been keeping in mind

  • Fibz

    yep, i’m taking a break.

  • Anonymous

    BTW, Today, until about 1.5 hours ago, my calendar’s (near vs far month options on indices and commods) values were ‘stinky’ compared to price action. I wonder if it has anything to do with the M(ole’s)MMMRs?…

  • Joe_Jones
  • Anonymous

    cool! someone is joining me, here have a beer.(cracking top for you). I also have a shovel for both of us at end of year to shovel the pieces. 

  • Anonymous

    yes. Please book profits and get on the other side!

  • http://evilspeculator.com molecool

    In other words – my MMMRs were right ;o)

  • http://evilspeculator.com molecool

    The new TOS app is fucking buggy – at least on OS X.

  • http://practicalt.blogspot.com/ Gold_Gerb

    I’m out.
    break even last two days.
    paid the vig.
    I swear, no more this week.
    I PROMISE!

  • Anonymous

    ughh..ok (walking back to garage) Ill get you a shovel too!

  • http://practicalt.blogspot.com/ Gold_Gerb

    *Market Close < 2min*

  • http://practicalt.blogspot.com/ Gold_Gerb

    SPY luv

    http://i39.tinypic.com/neup7m.png

    *Casino 15min*

  • Joe_Jones

    It is hard to believe that the VIX finished the day negative

  • http://practicalt.blogspot.com/ Gold_Gerb

    Time did Tell.
    he he he

    http://i41.tinypic.com/34o6kuo.png

  • Joe_Jones

    Dear Satan,

    I have been an evil rat for the whole year.

    Please allow me to rape some pigs for Christmas.

    Yours faithfully,

    Joe

  • http://evilspeculator.com molecool

    ????????????????????????????????­??????????????

    D   A   I    L   Y      Z   E   R   O     H   A   S      B   E    E   N      U   P   D   A   T   E   D

    ????????????????????????????????­???????????????

  • http://evilspeculator.com molecool

    Considering the tape I have gone quite a limb yesterday, wouldn’t you agree? Short memories they have those rats…

  • Anonymous

    Tightened all stops /GC, /HG, /ES & AUD/JPY. Lost half my puts profit with that whiplash:(

  • Tronacate

    Currencies say we should be back to levels pre-11/30 bullshit day………when does the ES catch back down?

  • Joe_Jones

    If it doesn’t appear that we get a follow thru tomorrow after idiots’ hour, I’ll be getting on the long bandwagon. It’s still the stupid bears’ game to lose.

  • Anonymous

    ZFX pairs well outside their BB’s.

  • Joe_Jones

    Still is the fly in the bear’s ointment

  • http://practicalt.blogspot.com/ Gold_Gerb

    AMC, ZAR is making it’s run.

    let’s see if it peaks around 7/8am.

    *entertainment purposes only

  • Anonymous

    Basically, after today a lot of damage has been done to the bullish case and we should expect some more downside. On the other hand we have seen setups like this time and time again over the last few months and the tape always went the other direction just when it could have made everything clear once and for all. So  I really wouldn’t be surprised if the Santa rallye were to start in the next days.

  • http://practicalt.blogspot.com/ Gold_Gerb

    Day 3.
    more decline.
    it’s a poor man’s MMMR (mumps, measles, malaria, ruebella)
    highly inferior, speeds bumps possible.

    http://stockcharts.com/h-sc/ui?s=$BPSPX&p=D&yr=0&mn=1&dy=0&id=p59032660219

  • http://evilspeculator.com molecool

    Always remember – it’s long term. Medium term we may be seeing a bit more selling followed by an admittedly late Santa Rally.

  • Anonymous

    Looking at it right now. Did you mean to put up the ZAR chart instead?

  • Anonymous

    http://content.screencast.com/users/AMCabrera/folders/Jing/media/1760faf4-8e69-4926-af5d-e4e9a8b230ac/2011-12-13_1911.png
    GG, this just had to stop at 1220 didnt it. Conflicting messages, but if I were trading I would at least long a mini lot in some risk on pair. Or more than likely short the usd/zar BUT ONLY a mini lot nothing larger. But that would be if i was trading. I still have shovel over my shoulder, just in case ya know.

  • Joe_Jones

    Market wants QE3 bad 

  • Anonymous

    /DX, same thing tonight. Fill the gap from the tail end of the previous session and go.  See if it plays out!

  • http://evilspeculator.com molecool

    Usual FX suspects all running sideways – nothing to report.

  • Anonymous

    thanks, was watching them 
    BTW, I’m often amused by the titles of your posts,
    todays got a belly laugh

  • http://practicalt.blogspot.com/ Gold_Gerb

    ..of course it stopped in the 1220 range, it’s the limitation of the bollinger 1.6 Fib delta
    some guys use 1.7
    http://i40.tinypic.com/w9i5a8.png

    free of charge!

    it’s opX week, and anything can happen.
    yes, I’ve found that always having something to sell, and something to buy can be very beneficial on the psyche.  keeping it razor simple till I get my hands on the Zero.
    😉

  • http://practicalt.blogspot.com/ Gold_Gerb

    disqus broke.  caused lingering chart-itis.

  • Anonymous

    Long /DX 80.93 on gap support:)

  • Anonymous

    Is this just the nyse session? have you tried it without globex? 

  • Anonymous

    Correct

  • Anonymous

    To understand VIX TA you need to understand what it is (I know you do, and I know you are a maths guy Tooncez)

    The mathematics of volatility in a nutshell…

    – statistically volatility can spike from nothing to incredible levels (not predictable by a normal distribution… Volatility is the ultimate fat tail
    – statistically one massive spike increases the probability of a future spike… vol spikes cluster

    The types of TA which works best on VIX is related to contango/backwardization statistics and reversion to the mean plays. Read every single entry in Bill Luby’s blog

  • jigdaddy

    we got to get a tab up top with all of CS, moles, volars and fearless must reads

  • http://evilspeculator.com molecool

    We’ll know very soon, shan’t we?

  • Anonymous

    Nice short entry on /GC if you caught it. Just spiked and is selling off.

  • tradem4alpha

    IWM clearly underperforming in all this sideways-down move that started 4 days ago. Until I see a day when IWM is outperforms SPY by 1% or more, longs are off the table. Santa Claus rally clearly in jeopardy. And we are in a market environment where, if the uptrend that started at the beginning of October were to continue, then volatility should decline. But here is a charts with IWM and ATR, where we can clearly see that ATR is rising:  http://stockcharts.com/h-sc/ui

  • Anonymous

    Oh NOW you go long! Whats wrong with you. I have been asking you that for weeks now. Still waiting for a pullback(that may not come!).

  • Anonymous

    Yes, decided to on the breakout. Hounestly, this market could be in a major reversal type mode right now and “The trend is your friend untill it’s not”.

  • http://practicalt.blogspot.com/ Gold_Gerb

    Morning rats.
    Interested in EUR/USD?  click on my name.

  • Schwerepunkt

    1.3 ceiling now for EUR? Or will the fat lady sing a nice song in the Bundestag? 

  • Anonymous

    Looking at 1.28 and some change:)

  • Anonymous

    EUR/USD ist far outside the 25d Bollinger and embedded in the lower 100d one. I don’t think this thing will fall much further from more. A violent snapback is the higher possibility outcome here.

  • Anonymous

    Parity on eur/usd – possible?

  • Anonymous

    Parity on eur/usd – possible?

  • Anonymous

    Prepare for armaP3geddon (Ok, ok, lets not get carried away, trade the plan)

  • Anonymous

    Prepare for armaP3geddon (Ok, ok, lets not get carried away, trade the plan)

  • Anonymous

    The 200SMA should serve as support for now. Even if we break it, gold would have to close outside the lower Bollinger which would be good for some rebound action.

  • Anonymous

    The 200SMA should serve as support for now. Even if we break it, gold would have to close outside the lower Bollinger which would be good for some rebound action.

  • http://practicalt.blogspot.com/ Gold_Gerb

    Cake or Death?  new /ES speculative ring map

    http://i39.tinypic.com/23mjxg2.png

  • Anonymous

    Little TZA for a day trade .4 trailing stop just below yesterday low:)

  • rhae

    If the Euro ever decides to bounce. I wonder how hard it will be to fill all the gaps ?

    FXE daily gaps, more than a meth heads teeth…

    http://screencast.com/t/W9bYNOFGof

  • Anonymous

    Maybe the Santa Clause rally is (from 11/28) over?  Lasted a whole week

  • Anonymous

    Gold loses 1600 and party on:)

  • Schwerepunkt

    One word: parity.

  • Anonymous

    possible 1hr and 5min pos divergence?

  • Anonymous

    Small SPY put position:)

  • rhae

    SSO 1000 tks… sorry about using SSO rather than SPY, SPY so messy with spikes makes it difficult to track.
    currently SSO looks more corrective to me than impulsive.. but the drift down seems to be getting a bit long in the tooth… bounce or die of old age?

    SSO 1000 tick chart   
    http://screencast.com/t/pAzGrR1UGkYO

  • Anonymous

    TZA triggered:)

  • tradem4alpha

    IWM clearly underperforming; this down move is not over.

  • Anonymous

    Any reasons for that besides wishful thinking and wild guesses based on news forecasting the end of the EU in (at the very most) the next 6 hours?

  • Anonymous

    Hey Mole: Few days ago you put out an alert for USDCAD with a 105.00 target. I re-engineered the price for the FXC and bought put options. The target hasn’t even been reached yet and I’m sittin on a double bagger. Thanks, your a guy and a half!

  • Schwerepunkt

    Apart from the political and financial chaos already evident?  The prospect for an unraveling Euro zone? 

    Yes, there is another reason: the only way Europe can get out of this mess is growth. The only way Europe can grow is through exports. The Euro is way too expensive for export growth. It has to come down, at least sub 1.20. Markets tend to overreach, so why not parity?  I’ve heard a number of very serious analysts say they see Euro coming back to parity on a fundamental basis.

  • Anonymous

    Let’s see, but I’m still expecting a bounce in the near term to alleviate the oversold condition gold is currently in. However, from a wave point of view this may be a 3 of 3 judging from the looks and how the 200SMA got sliced through. So the next point of support will be the lower 100d Bollinger at around 1580 and there’s a weekly 50SMA not far below.

  • Anonymous

    There is that 1208.

  • Anonymous

    Gold tanking:)

  • Anonymous

    Fundamental analysts are good at two things:
    1) Telling you at the top why things will continue to climb
    2) Telling you at the bottom why things will continue to fall

    EUR/USD is largely irrelevant for exports. Take Germany for example. Most exports go to Eurozone countries. Notable exceptions are the USA. GB, Switzerland, China and Russia.
    Also how do you explain that German exports have risen steadily between 1993 and 2008 while the Euro has appreciated against the US Dollar between 2000 and 2008? If your argument were correct, we should have seen declining exports for that period of time.

    In addition to that calling for the immediate demise of the Eurozone conveniently ignores the far greater issues the US face: sluggish economy, 42 M people on foodstamps, an unimaginably giant load of debt and the prospect of one of these retarded GOP candidates becoming president next year.

    So what gives? I don’t know. What I do know is that the Euro is oversold heavily in the short term based on technical evidence.

  • Anonymous

    Clearly a div on the 5.

  • jigdaddy

    anyone going long on these zero divergences?

  • rhae

    Demark buy alert whispering in my ear

  • Anonymous

    Nope, looks like a bear flag.

  • jigdaddy

    lets see how we react to vwap test

  • Anonymous

    yes

  • Anonymous

    Next stop 1200.

  • Joe_Jones

    Tape looks like it is being walk down

  • http://practicalt.blogspot.com/ Gold_Gerb

    so, yesterday 2pm WAS the kiss of Death.

  • rhae

    I have 1212    for 50% retrace

  • Joe_Jones

    look at AUDJPY. Not one sign of strength

  • http://practicalt.blogspot.com/ Gold_Gerb
  • Anonymous

    Holy F!

  • Anonymous

    Morning chaps, cutting my gold short position by 20% here @ $1590 from $1772. 

  • Anonymous

    Gold 1600 baby:)

  • http://practicalt.blogspot.com/ Gold_Gerb

    sell into weakness.  avoid the pig/greed thing.  I like it.

    GLD multi year chart:  (it’s log scale to take out the curve)

    http://i42.tinypic.com/2zexie0.png

  • Joe_Jones

    One really wonders what those goats are f. doing on the dam

  • http://practicalt.blogspot.com/ Gold_Gerb

    eating small lichen in the cracks.

  • http://practicalt.blogspot.com/ Gold_Gerb

    USD/ZAR 8.44’ish

    blowoff?

  • Joe_Jones

    we are at the 100 days sma on ES. 

  • Anonymous

    Loose that div on ZL and panic may be setting in with this action!

  • http://practicalt.blogspot.com/ Gold_Gerb

    huh?  I show 11pts shy.

  • http://practicalt.blogspot.com/ Gold_Gerb

    SPY Luv.

    http://i41.tinypic.com/wl3ux1.png

    ok rats, will be out today.
    Ciao.

  • http://iberianviews.blogspot.com/ catracho

    Seems to me a weaker euro is in Germany’s favour?

  • Anonymous

    Not greedy today unloaded all but a few lottery tickets:)

  • Joe_Jones

    my bad. I was looking at the chart in Mole’s post. It changed since.

  • Anonymous

    watch those currencies, looks like some basing

  • TWD

    remember this chart? from thanksgiving?

    http://www.screencast.com/t/D3EQ9HyXIi6k

  • Fibz

    short eur/aud w/ stop above 12/12 high.

  • Anonymous

    If you look at the data, there’s actually a positive correlation between a strong Euro the amount of German exports.
    For instance you have to keep in mind that Germany has next to no own natural resources apart from a tiny bit of oil in the North Sea and brown coal most of which is very expensive to mine. So most of these raw materials have to be imported. I assume most of these imports come from outside the Eurozone while most of the exports actually go to the Eurozone. Under this logic a strong Euro is actually good for Germany, but this is of course only one possible explanation and likely not the whole truth.

  • Anonymous

    Given the current ZL reading I’m tempted to bet that the daily 100SMA will hold on the ES.

  • Anonymous

    Picture perfect trendline on ZL:)

  • Anonymous

    If this backtest holds will dip a toe long. Still thinking 1200 though:)

  • Anonymous

    Waiting for vwap test before exiting short. zero diagonal looks good but will see.

  • http://pulse.yahoo.com/_IF7HINHIP5ITYT6TDHACMWJUXQ Huisok

    Where is the T’s?   I luv your T’s!

  • Anonymous

    That’s the only thing keeping me from going short. Having dropped through all major SMA’s doesn’t bode well at least in the short term. But then this is also a good place to bounce, so maybe the Zero signal makes sense in that regard.

  • Anonymous

    5 m retest ok, went long

  • Schwerepunkt

    All valid points, but like all we hear these days, it’s an incomplete bag of contradictions. German exports rose because trade generally rose in that period due to the global credit balloon and the rise of emerging markets. That balloon has burst and emerging markets are cooling off.

    I’m not making a trading prediction for the next day, week or month. I believe Euro will continue to drop over time towards parity. That devaluation will actually help European economies and may preserve the currency itself. 

    OTOH, hedgefunds have been running simulations about the demise of the Euro for weeks/months now. You are correct about most of German exports being within the Eurozone. That is one BIG reason Germany has not abandoned the EURO . . . yet. If southern Europe has to leave the Eurozone, they won’t be buying Mercedes. They’ll be buying or fixing their Fiats. If Germany goes back to the DM, nobody will be able to afford German exports. USD is still the reserve currency and where people put their money in a storm (CHF too, but that is not big/liquid enough to be a global reserve currency). 

  • Schwerepunkt

    Euro jumping now. Big candles. Back above 1.3. Did Angela queef?

  • Anonymous

    LOL! Im so glad you are looking at that pair. 

  • Anonymous

    Hedged w/ KOL

  • Anonymous

    FYI /IB testing triple bottom @ 104.70.  Looks like a nice breakdown is about to occur

  • rhae

    SPY came off of the bottom but I do not see much strength.. so I will give it a maybe.
    will need to see the range break up, for better optimism for bulls.

    http://screencast.com/t/zLefK5L7

  • rhae

    Europeans selling their worthless money to buy American worthless money

  • Anonymous

    Gold is following suit but it looks like copper has a way to go.

  • Anonymous

    Hate to say it, looks like a bear flag.

  • Anonymous

    Maybe you’re right with parity, maybe not. I really don’t know and I don’t dare to try to make a prediction.

    But for once the US have giant problems themselves and to me – seen from the other side of the Atlantic – they look like an empire beginning to fall apart. Every empire in history has fallen so far and I don’t see things being different this time. It’s only a question of how exactly that endgame will look, but the USD losing its reserve status may very well be part of it. Keep in mind, though, that I’m talking long term here.

    Europe on the other hand is also facing giant problems but of a different kind. The one thing I’m fairly certain about at this point is that Germany will no leave the Eurozone easily. There are several good reasons for that. First of all Germany is the single biggest beneficiary due to its export oriented economy.

    Why do you think Greece has so much debt? We’re not only talking about Mercedes here, but weapons exports. Germany is the third biggest weapons exporter in the world after the US and Russia. Countries (and NATO partners) like Greece have been very good customers in the past. And why do you think Germany and other core countries like France have consistently accepted new members into the EU? It’s all about free trade and having a fixed exchange rate. More members equal more trade partners for countries running a foreign trade surplus.

    The second reason is of political and historical nature. European unification has been a goal of German politicians since 1949. It’s an integral part of the modern Federal German Republic and no major party (especially the CDU) would even dare to propose Germany leaving the Eurozone/EU. There’s only one force that might actually force such a step and that is public opinion. To date I don’t see that happening as we would need massive protests and riots (preferably in an election year) to make the politicians even consider such an option in earnest

  • Anonymous

    Gold looks like it has found support on the 50 week SMA. Questions remains how far that bounce will go.

  • Anonymous

    Yea, ZL looks flat and the move lacks force, I’m tightening my stop.

  • Anonymous

    vwap as support. Flatline zero. Need some confirmation of Santa. Would be the right place for it.

  • Joe_Jones

    zero seems to support that

  • Anonymous

    Adding to shorts:)

  • Anonymous

    Bearish Engulfing on the 5 m, I’m out.

  • rhae

    if market just muttles around today, I do not see anything to move it much.
    Tomorrow could be the Bear *all squeezer… a slew of numbers… I know news does not count, but one might watch the charts a little closer.especially if anything beats consensus 

  • Joe_Jones

    I follow you.

  • Anonymous

    🙂

  • Anonymous

    That’s a dandy! Here comes 1200 my target:)

  • http://evilspeculator.com molecool

    ¤ø„¸¸„ø¤º°¨¤ø„¸¸„ø¤º°¨ 
    ¨°º¤ø„¸  N E W  „ø¤º°¨ 
    ¸„ø¤º°¨ P O S T “°º¤ø„¸
    ¸„ø¤º°¨¤ø„¸¸„ø¤º°º¤ø„¸

  • http://evilspeculator.com molecool

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  • Anonymous

    That is not a well enough defined pattern to let go of shorts just yet.