So, will this gap up and then start the run to that say 1425 area from my scenario last week? The time factor I was looking at said by Sunday night or Monday, but you all know I don't weigh the time factors that I do very heavily. Add in the sideways action for a few days and it has either coiled for a fast pop, or the time factor won't come into play at all. As I concluded last week, I thought the odds were perhaps 75/25 that this will head up to that next level, as opposed to this being a topping formation. We shall see soon enough. I'll post the early indications from the spot FX market when they become available.

I agree.....

And there's the new HOD. Like that was hard to see coming. Same old, same old for these characters...

Kane EXP ABCD completing at 0.564 fibo, and Kane 4PCP ABCD completing in Kane Zone.

Al Kamego

and there it kind of is.....

is it just me, or now that we got that out of the way, does it look like it wants to tank?

if you were the market and you were going to fool everyone into thinking it could never go down again, what would you do?

I see it, too, but I don't think it will happen. I think they are just playing games, making it look this way and that. It's a real crap market. Okay for very short-term line to line plays, but that's it.

Originally posted by rat89

is it just me, or now that we got that out of the way, does it look like it wants to tank?

Now they sweep the downside stops?

Well over six straight hours in a five point range. This market has really sucked lately for intraday trading.

And just when I thought they'd sweep the stops down, they are back to gunning it up hard.

And there goes the HOD and 'bull' market high. Once again: There it is!!!