That's the best wave count I can get for the euro.
If wave 3:3 is going to be at least as long as 3:1 we won't see any significant corrective move down, on a daily timeframe, until the area around 1.3440 is hit.

Nice stop run. Right off a fractal/repeating pattern I just sent on a chart to a student...

AMZN smokes off to yet another new all-time high, on a down day, too.

Well, the remaining high flyers, AAPL, GOOG, and AZO are not smokin' any more, so I guess they decided to resurrect a recent high flyer once again. They need things to run... It's the game they play.

An interesting note is that CRM, which they kinda monkey-hammered pretty good, is now just killing it at new all-time highs, again.

I could find two Fibs subgroupings, but still have not enough lines.

Originally posted by jimkane

One thing I can say, if the LOD gives way, that has some significance. Can you see the pattern? The key lines? The key Fibs using all the techniques? If (when?) this gives way, it would signify to me it wants at least one degree higher, but possibly more, of correction. And that seems impossible, in the market that never stops rising...

Note that it's a bigger flat ABCD, Marcin, with the B point where you have your x. But a new high right off this would surprise me (something this 'bull' market frequently does, though...).

Let's see how it handles the bearish ABCD here. 66.50 is the 1.000 price projection.

Bern-qwacke shoots off his hole at the cash close. That will be interesting.

I concentrated too much on an alternate bat to start with more Fibs and didn't label the bigger ABCD. In fact, one can do it simply using subwaves of the bigger pattern's BC leg, but the 5-point pattern implies some additional retracements.

Originally posted by jimkane

Note that it's a bigger flat ABCD, Marcin, with the B point where you have your x. But a new high right off this would surprise me (something this 'bull' market frequently does, though...).

Boy, what a moonshot crude did on the 1-min...

in the context of knowing the odds of closing at an extreme on an opex friday you had to kind of expect a midday low and squirt up into the close....fib city at the low too