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.

6.75 point range for the day. How exciting.

Give it to me, Baby!

That's probably it... Darn. And less than five minutes until the ChairSatan talks it up.

It seems unlikely, but it is possible the Qwackster could say some things the market doesn't like. Low probability, but after the last Fed minutes, you never know.

And like ringing a bell, there it goes.

Hmmm, so they gun it up hard, very scary-like, right to a 'retest' of the ABCD area, then it fades right off of it, headed back for the low of that move so far. If this is a 'real' move and not just chop in the range, that would set it up for a move to the area mentioned earlier. We'll see. I'm not seeing the downside, as much as I want it...

I just saw a note saying ChairSatan Bern-Qwacke is going to be doing Q&A any time now. That might be cool. Soft pitch him some predetermined questions and he can spew his propaganda. Nice.

since jim mentioned goog ;)

3D to the LOD.

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