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DB SHORT TERM ABC DOWN COMPLETE - WHAT IS NEXT?

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#11 SemiBizz

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Posted 31 May 2018 - 07:54 AM

10.90 just printed... 1.6 M shares so far premarket.

 

This looks like the real deal, got to the 10s pretty fast...


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#12 SemiBizz

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Posted 31 May 2018 - 09:01 AM

Market is open falls to 10.77

 

MONSTER HUGE VOLUME...

 

GMTFO Levels of Volume...


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#13 SemiBizz

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Posted 31 May 2018 - 09:54 AM

Say Bye-Bye to the Eur0 - this is just the beginning of the end... My Longer Term target for Eur$ is 80 cts

 

That's right... back to 2001 prices... how apropos.

 

5b0fff4c7ca7f_EUR053118d.JPG.de4f39da070


Price and Volume Forensics Specialist

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Volume is the only vote that matters... the ultimate sentiment poll.

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#14 SemiBizz

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Posted 31 May 2018 - 10:08 AM

DB REACHES ABC DOWN PROJECTION

 

11.48 this morning in pre market...

 

Looks like this can extend into the 10s...

 

Or we could bounce here...

 

Either way it's going LOWER.

 

I suspect ECB is going to try to package all the junk in the balance sheets into a "bad bank" to try to cover up the disaster...

 

But those instruments aren't going away...

 

Tomorrow is the key day, it's not quite the 2016 low yet in Eur0s yet...

 

Which is 8.84

 

The low today?  9.06

 

Still 20 min left in DAX today ...


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics


#15 SemiBizz

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Posted 31 May 2018 - 11:57 AM

Which brings me around to my original question awhile back:

 

Which is bringing the other down... Eur0 or DB ?


Price and Volume Forensics Specialist

Richard Wyckoff - "Whenever you find hope or fear warping judgment, close out your position"

Volume is the only vote that matters... the ultimate sentiment poll.

http://twitter.com/VolumeDynamics