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MarcinO
Rep: 67
Posts: 5,506
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.

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jimkane
Rep: 3,058
Posts: 33,089
Getting ready for a squirt up any second...
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jimkane
Rep: 3,058
Posts: 33,089
Now we see if that's a little higher low here, or if it follows crude on the tick chart, which is dumping...
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jimkane
Rep: 3,058
Posts: 33,089
I've seen this many times. ES not following crude, crude now strengthening, ES pops up hard... We'll see.
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jimkane
Rep: 3,058
Posts: 33,089
As you can guess, I'd love the ES to sell hard in here (to that 55 and change area at least), but I strongly suspect this was just another of their games, to the .382 and up hard, killing all the fresh shorts in here...
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jimkane
Rep: 3,058
Posts: 33,089
Okay, it looks weak, time for them to hit it to the upside... I hate these guys.
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jimkane
Rep: 3,058
Posts: 33,089
Here they come?
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jimkane
Rep: 3,058
Posts: 33,089
1-min bullish 1.000 ABCD at the .886, set up as a 'W2', which it reacts to. Now we see what they plan to do to the shorts... I hope the bears can come back in...
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jimkane
Rep: 3,058
Posts: 33,089
And there's the big pop, exactly as expected. Everything is exactly as it should be.
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jimkane
Rep: 3,058
Posts: 33,089
It would be silly, just plain stupid, to say 'Watch the 1.000 bearish ABCD here'. Just stoo-pid.
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jimkane
Rep: 3,058
Posts: 33,089
And there goes the 1.000 ABCD, as expected.
RA
rat89
Rep: 0
Posts: 7,015
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


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