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.
JI
jimkane
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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
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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
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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
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Okay, it looks weak, time for them to hit it to the upside... I hate these guys.
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jimkane
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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
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And there's the big pop, exactly as expected. Everything is exactly as it should be.


