I will start this discussion topic with EURUSD chart.
On Friday it reversed six pips below the zone. I assume it may hold for a while and give some reaction but then it will be crashed.
Just my opinion.

Now, watch the bullish KZ here at key line for clues.

KZ against KZ...

he may be right .. he may be wrong... but you have to admit... the guy can write

http://www.marketanthropology.com/

watching FB trade in pre almost brings tears to my eyes... that is the way ALL naz stocks used to trade in pre

out as planned at completion of measured move @2126

The key area here is 84.00-86.75. The question is, was that it, or does it do a last little push in? I'd like the latter. This is, assuming, it even respects this area, which it may not, it may just head on up indefinitely. But this ABCD is setting up at many, many key lines, so I have to at least consider it. Especially the way it has been respecting the lines since the overnight. Just crazy amazing.

Little ABCD to push it up, and then down? Probably just push it up and over... Yuck.

If only this wonderful area could turn it down...

In a real market, in a just world, this would likely dump now to new lows for the move off this area. It's going to break my heart to watch it get blown out to the upside...

FB really disappointed me. Up only 32+% in the premarket from yesterdays RTH close, by my data. I was hoping for a full 50%. But, give it a day or two and it will have that, I think. It's probably now going into 'accumulation mode' as the lemmings start to follow. Should be at new all-time highs soon enough. After all, it's a great stock.

Originally posted by jimkane

FB is still exploding. Maybe it will be up like 50% tomorrow? I hope so. I like FB. It's a very undervalued stock, and a great company/service. A very undervalued stock, in a very undervalued market...

I realized it now ..... Thanks Jim .