part time trader, using volume analysis and statistcal arbitrage, mainly ES, DAX with an interest in EUR, USD, Fixed Income & Gold. "The achieve of; the mastery of the thing."
Nice – this 51 area was definitely a target.. Unless we break 50 and hold below it, I would expect some consolidation now. Below, I have 40 and 33.25 (key).
You know I was looking at the HVN’s 1373.5, 1363.5 and 1344.25 for support. Well when the price came down I started to look a bit closer.
1357 (now 1350) was so important on the way up. Looking back this 1350 are was support and resistance many times in 2006,2007, 2008.
I see EUR (and GBP) have returned to early September levels but the ES is now at the 08/02 area. On 08/02 the Euro was at 1.2200 and Draghi said ” It is pointless to go short on the euro.”
ES is ignoring ESM-OMT and QE^infinity and in fact the balloon and consequent burst were seemingly compounded by the money pumping. In Ireland we have found that getting long at the top is a very costly exercise!
atoast2trading 
Nice – this 51 area was definitely a target.. Unless we break 50 and hold below it, I would expect some consolidation now. Below, I have 40 and 33.25 (key).
hi Benko,
what is at 1340? Is 33 LVN area for you?
You know I was looking at the HVN’s 1373.5, 1363.5 and 1344.25 for support. Well when the price came down I started to look a bit closer.
1357 (now 1350) was so important on the way up. Looking back this 1350 are was support and resistance many times in 2006,2007, 2008.
I see EUR (and GBP) have returned to early September levels but the ES is now at the 08/02 area. On 08/02 the Euro was at 1.2200 and Draghi said ” It is pointless to go short on the euro.”
ES is ignoring ESM-OMT and QE^infinity and in fact the balloon and consequent burst were seemingly compounded by the money pumping. In Ireland we have found that getting long at the top is a very costly exercise!