I'll kick it off.

Acting like strong up. Let's see what they do with that.

1.75 point range for an hour... Anyway, get ready for the sweep down, now that they tried to make it look like up. I'm wondering if it won't just sweep down, but actually go down a bit.

Range sweep down is complete. But I'm sensing this isn't just a sweep. Down coming, I suspect.

Wait, let's see...

Last two hours of chop, again. It's 'the new thing' many days.

Euro at strong support.

But before the European open it may encounter some troubles.

Let me just reiterate: the LOD today had a confluence of lines that was just nuts. So have almost all the turning points over the last month or so. But, this low was on the high end of lines coming together. We won't even get into Fibs, like the .186/.382 overlap, etc. It doesn't mean it will do any more than it did, but a rocket launch 15.25 point intraday move is plenty to work with. So, do the work, it's amazing to see it.

How many lines confluenced there? It depends on where you draw the line for 'key', 'minor', and in between. Without counting 'minor', I'd say at least 12.

I think this is a good overview of the situation. No solutions (since there really are none), nothing new, but a good synopsis.

http://www.zerohedge.com/news/2014-08-02/do-over-groupthink-mass-delusion-and-hell-pay