Thursday, 3 October 2013

E mini S &P plus Emini Dow... Looks like the bears are in full control. Video and long term report

As per my recent video on Monday this area is critical at 1670-1680. You can see the supporting median line in several of the charts below and also the reaction lines that are grinding price lower. Plus the centre line objective in the fork drawn in the chart below for YM Z13
 here's ES below showing price being funnelled sideways
One of several d/sloping reaction lines below
 Again more reaction lines showing the way down. Note the difference in the effect is proportionate to the angle

Check out these charts and analysis:

and current long/medium termVideo:

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