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.

Die, oinker!

From ZeroHedge:

"S&P 500 futures saw their narrowest day-session range in six months and lowest day-session volume of the year."

This is all just so stoo-pid. Once this currency war gets going, we are all done. If you have any life savings, you can kiss what's left of it goodbye. Since when does gunning up the stock market and making people pay more for the same thing help the economy or the people???

http://www.zerohedge.com/news/2013-02-11/abe-vs-bernanke-why-japans-yen-target-means-sp-will-suffer

Die, oinker, DIE!

Okay, it's right at the point where they need to be very careful, so I am watching to see if they come in right here. If not, I'll try to post some levels.

It hasn't 'failed' here yet, but I'll post my levels anyway (not that we'll see them...)

1507-8

1503-4

1497-8

These are center of areas, appx. You need to do the work yourself.

Well, it just failed the area now

My first level hit. What I'd like is a strong sell to my lowest level there, a snap bounce, and then an absolute crush off that. That's what I'd like, anyway...

So, it bounces off my first area, right to the .382/.447 area at the most key line, and it starts to roll over a bit. If they can't get it over this, it may get monkey-hammered.

Boy, is this setting up for a crush...

Originally posted by jimkane

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

You, too.

Al Kamego