Starting it off.

Reverse cup and handle on Euro M3.
20-30 points to stong support.

Okay, well I guess it's up time now.

But watch the bearish ABCD area here anyway.

It sure 'saw' that ABCD.

Anyone watching Euro? Channel fakeout to the upside after 3Ds.
I hope to see the same on the downside, right into the PTA.

ES down 23 by my data high to low off the area and the 1-2-tick game, as I suspected. I feel 'vindicated' on my read. Most were looking 'up' (the TV had an endless slew on), and I held firm with my downside read. It's a good feeling, especially since it seemed a little crazy, and I put it in here in advance. As I like to say 'I've been at this a long time.'

I'm sorry I'm so focused on the ES right now, Marcin, to follow anything else very closely. The action is just so intense lately. You are doing some great work on the Euro. Now you know how I feel a lot of the time, posting some cool things, but few are following, and those that are won't get into any discussion...

Originally posted by MarcinO

Anyone watching Euro? Channel fakeout to the upside after 3Ds.
I hope to see the same on the downside, right into the PTA.

Um, what is that expression, again... Hmmm, I can't remember... It will come back to me... Wait... Oh, yeah: 'Die, pig, die!'

The Cable is repeating Euro manipulation from European open.
New low, but to the key area.

Next areas for the Euro: 1.2685 and 1.2723-40 (KZ).

Anyway, the ES did something it usually doesn't do, and that's make any kind of move in the Friday after close mini session. This time it kept moving up, set a new high for the entire move, and closed almost at the high tick. It is now fully at the monster weekly backtest line. If this is a bear market, it should roll off this, and roll hard. There is a key area above, built from the immediate price action, and that comes in at 76-87, with a grouping of key Fibs at 94.00-95.50. I could see it hitting the lower end of the area, maybe a little above the lower end, and still be respecting the key TL backtest, but not much more.

Still, does it even seem remotely feasible that this is going to dump to significant new lows from here? The only hope I see at all is that not only do all pundits and analysts say no, it's completely and utterly an impossibility, most readers in here, I believe, are also saying no out loud right now. And that's not meant as a slight to the readers in here, who are among the most highly informed out there, I feel, it's more meant to imply just how good they are at sucking people in. We'll see. I don't really care, from a trading standpoint, what these maniacs do with it. So, that's what I'm working with as we reach arguably the most critical juncture perhaps in trading history.