On Friday the Euro hit new high at 1.1470 as expected.
Apart from geometries shown below the structure of the move, let's say on M60, is very similar to patterns that has preceded previous correction recently.
It might be current level that will stop it for some time or 1.1520 after one more move up. If these areas don't hold the next serious level before low 20s is about 1.1750.

Nice chart demonstrating why I made that post about it maybe rolling.

Originally posted by rat89

213.40 - 212.80 = 1.27 at 213.56

Trap?

Click image for original size

But, as usual, they scare it down, then stop it right where the action would get scary (to them). I can't wait for the day when they are simply incapable of doing that (coming in just where it gets scary). When that day comes, the term 'power vacuum' is going to take on new meaning.

I believe we are very close to a major turn. I have higher areas, but spy 214 has a lot going on. My gut says they push it up into the end of the week or even Tuesday....

Now this is what I'm talking about.

All I expect is a sweep of the LOD stops, then it will most likely stop dead or snap reverse. But in case this is a 'real' move, I'm ready.

Watch for the inane close to the LOD they come in like the jacka&%es they are move, too. I mean, like right in here.

Die, pig, die! Give it to me, baby.

Okay, they got the stops. Now watch. Kill it, you suckers.

It's likely done now, but I sure would like the 16 area.

jim, you are too funny

Originally posted by jimkane

Die, pig, die! Give it to me, baby.

they had everyone waiting for that area just overhead where there are half a dozen fibs, but just couldn't get there yesterday. I was surprised by that, and thought they would manage it today. It's very possible it's set up for a gap and go to the downside Tuesday.