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.

Thanks Duane. There is one thing really curious about the euro in the last few days. A lot of reactions start exactly off .685 retracement on M5 or M1.
W5 on M30 finished at .685 CD of the large bullish ABCD to the penny!

Once more...

Originally posted by MarcinO

Thanks Duane. There is one thing really curious about the euro in the last few days. A lot of reactions start exactly off .685 retracement on M5 or M1.
W5 on M30 finished at .685 CD of the large bullish ABCD to the penny!

KZ hit.

We are below the KZ now. Time for some reaction?

I've added the pink modified Schiff ML.

it really wants to roll over doesn't it.....and look at gdx, slv....the ags......fascinating

that's the first time in weeks the market responded to anything I said

analysis here:

http://www.youtube.com/v/ZLs1S3nBiqw

Great stuff

Originally posted by jimkane

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

You, too.

Al Kamego