I'll start it off with the Euro.
Last week after a huge move it went up to 1.10 which was a nice technical level, although not very precise. Right now it's hard to access whether it is going to continue bearish correction or a downtrend. All I know, is that from a shorter perspective I will be looking for a play between 1.0770 and 1.0920.
One more push up to about 1.1030 before the next wave down is also a possible scenario in my opinion.

Maybe I can't find the post with that level because I only discussed that with some students, I'm not sure. Anyway, is it headed to the 1960's, which is what I think I mentioned in that post, wherever it is... I rather hope so.

Ah, 'The Player'. He's something else, that guy. Recall he said he was wildly, insanely long right at that big low earlier in March? Recall he also said for a big pop, but not necessarily new highs on that move? That unto itself is amazing, because the Russell and MidCaps just smoked the new all-time highs, and yet the ES fell short. I wonder how he got a read like that? Just plain nuts, I think.

Originally posted by MarcinO

Yes, I remember the guy.
What was his name? Player or something?

Volatility in the Euro somewhat diminished.

I wonder if a collapse in the biotechs could be the trigger/starting point for the bear. You know, the biotechs, the ones up about nine-fold since the lows. If they really got dumped, I could see that triggering a panic. But, probably not. We have a long ways to go to Dow 43,000. Not sure why stocks would ever go down, though, even from 43,000. No real reason anymore for any downside, I mean, not only who would sell, but it's too easy to machine ramp them with low volume, or even with no actual trades. When you can 'set' the price of stocks just like price stickers in a store, why would they lower it? I don't think they will. What did Irving Fisher say in '29, the market had reached "a permanently high plateau"?

This area here is profound, but I also have something monster calling at around 2000, and the best timing factor says within a few days. That would be interesting. Probably won't happen, but I'm watching for it in case. Then the 1940's or so (and then the 1820's), which would make me happy, at least as a start. We all know I won't be truly happy until S&P 400.

Euro's second reaction to 1.1030-40 may stop at 1.0920 or around 1.0880 I guess.

I was faster rat .
Because I didn't place a chart....

Nice charts, rat.

What a disappointment, the Euro only moved about 200 pips today. I like the 400-500 pip days. But, like I said, TS hasn't HTF yet. When it does, I'm looking for 1,000 pip days like it was nothing. We could even see some 2,000 pip days, I think. Be patient, I don't think it's too far off. (I'm thinking on the bigger scale here, like the Euro ending scale. So, even if it takes until fall or a bit later to see those swings, that's not that far off, given the length of eternity, which is how long they say the Euro will last, unequivocally, without doubt, with no alternatives. I'll take the other side of that bet, thank you very much.)

They had to finish it like they ran it all day. Crap chop in a range, sitting right on the range of the last five hours. Still, for a scalp, that pop right when I said was the easiest money I could imagine.