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MarcinO
Rep: 67
Posts: 5,506
Euro is struggling with .447 of the bearish ABCD, but given the 200 days MA and lines slightly beneath the area, even it fails range trading may be expected similar to the one near the C point.

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JI
jimkane
Rep: 3,058
Posts: 33,089
There's a nice little pop continuing that move off that 41.75 area. But, is that it in here, or can they sustain? We shall see.
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jimkane
Rep: 3,058
Posts: 33,089
Now, it could have trouble right in here. This should give me a big clue as to whether this is back to going up, or just a bounce and roll.
RA
rat89
Rep: 0
Posts: 7,015
nice move off the bottom and 1.27


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jimkane
Rep: 3,058
Posts: 33,089
Careful in here...
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jimkane
Rep: 3,058
Posts: 33,089
44.75 or so is the 'limit' for this pullback, but it's acting like the upside is done.
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jimkane
Rep: 3,058
Posts: 33,089
Okay, watch closely, as we near the close and it hits into the key area.
JI
jimkane
Rep: 3,058
Posts: 33,089
And it explodes right off the area. Surprise, surprise. Now let's see if it sustains, or it's just another game.
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jimkane
Rep: 3,058
Posts: 33,089
I rather suspect it's done going up.
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jimkane
Rep: 3,058
Posts: 33,089
JI
jimkane
Rep: 3,058
Posts: 33,089
Hmmm, it doesn't look done.
JI
jimkane
Rep: 3,058
Posts: 33,089
For the first time in history, I think I'm posting more on the upcoming demise I see coming than on trading stuff. Right now I'm just a thorn in everyone's side. Some day I suspect everyone will look back at ol' Crazy Jim and say 'Now I know what Jim meant when he said "If you bet the sun is going to blow up and it does, what do you win???" '

http://www.verifythecpi.com/2013/03/february-2013-cpi-report.html