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MarcinO
Rep: 67
Posts: 5,506
Euro was dumped 150 pips today. Bearish ABCD on D1 may be over but in caase there is one more wave up:
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rat89
Rep: 0
Posts: 7,015
woof ...... if the kane abcd sets up against your trade, turn around and go the other way
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rat89
Rep: 0
Posts: 7,015
all eyes are on 1551 area as a top for this move.....let's see
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albert
Rep: 99
Posts: 3,094
Nice chart work rat. I have StockCharts also, but I can't draw charts like you or roofer. My hat is off to you both.
Al Kamego
Al Kamego
JI
jimkane
Rep: 3,058
Posts: 33,089
This area here is key from the daily timeframe. Some 60-min work points more to 90ish. So, anywhere in here I'm looking for a possible bounce. You all know I'd love them to just kill it, but if they do, it may exhaust. I'm more interested in a sustained, longer-term drop. We'll see.
JI
jimkane
Rep: 3,058
Posts: 33,089
It is possible, albeit only a slight chance, that that 1530 was the end of the 'bull'. I am considering this because everyone is saying 1546, everyone, including me, says the new all-time high in the popular Dow is inevitable, and everyone is still wildly bullish. If it ended here, it would shock pretty much everyone. GOOG would look nice if that roll is the end.