Interesting spot on the euro. It may be the end of a large ABCD on a daily time frame or just a W3 completed with W4 forming bullish ABCD on H1.

Looks similar. 3 points more and a double top will form.

This area looks really strong

This 11.25 area is a super-key one. I hope they can drop below it...

Here's the 'I wish it were true...' statement of the year...

http://slopeofhope.com/2013/02/i-think-weve-turned-the-corner.html

Okay, we had the robot driven newsbot sell on the WMT statement, now we are having the usual rebound grind it right back up on low volume response, as expected. Same old, same old for this market. Too funny.

Just a little bit more and it will have made up the entire drop. I can't recall when it didn't make it right back up in a situation like this. That will make for a nice close for a holiday weekend Friday.

And in the last burst it does indeed make up the drop. Have a good weekend.

Originally posted by jimkane

And in the last burst it does indeed make up the drop. Have a good weekend.

You, too.

Al Kamego