Wow, that was a sweet little 1-min bar stop run breakdown there. I love it. Maybe that's all the downside it has, though. You know the games they like to play before they do a Sunday night GLOBEX/Monday run up. But, one of these times we'll get some real downside... It's sure all set up for some right now, as discussed previously. I'm patiently (Hah!) waiting for it...

Nice reaction on key areas and lines

Four areas on euro
I've changed ABC labelling since Friday's post

abcd

geometry is perfect now for 129.85

Okay, if this rolls over here, the areas I am watching are:

Very short-term:

ABCD here 01.25-.50

99.50-1300

97.50-98.25

Higher timeframe:

84.00-88.75

71.50-76.00

I can pin down the higher timeframe levels as this gets closer, if it even goes down from here. Recall we just bounced right off a sweet-looking bullish ABCD at the first higher timeframe level (I posted levels two and three above). Hence, this very well may rocket up off this little bullish ABCD here at a .382 and key lines...

Watching 6.50 and 8.25 above.

Jim, is this small ABCD accepted trigger for big bullish ABCD ?

First upside level 'hit'.

Now, the way it is acting, it may head to the last short-term level, then start reaching for the higher timeframe levels, let's say 14.50 and 19.50. I can refine those later if it keeps heading up. We'll see. I know they want up, and they have the pattern to do it off of, but has the tide turned, or not? Is the downside really started already???

Last short-term level hit. Now watch for a big clue.

I think it also pays to look at other markets when doing 'intraday swing trading' (daytrading to most). Gold, the currencies, and crude were anything but dead today.