I'm still counting on the end of correction in the Euro. Looking at the weekly chart one may find significant lines coming between 1.1050 (the strongest one in my opinion, that's why it posed a resistance on Wednesday) down to 1.0950. Dropping to lower timeframes enables to see the heart of this level is just below 1.1000. We will see tomorrow.

But I think most likely either a new low for the move, or chop really low in the range down here.

Levels I am watching:

2.50-3.25

6.00-.50

9.00-.50

But I think it might be done here at 2.50. We'll see.

what is notable is the indexes, oil, and gold, all going in the same direction today....no safe haven other than the dollar

Originally posted by jimkane

But I think most likely either a new low for the move, or chop really low in the range down here.

Another push to 3.00. Be very alert in here.

Yes, I noticed that. TLT/bonds catching a bid, though.

Originally posted by rat89

what is notable is the indexes, oil, and gold, all going in the same direction today....no safe haven other than the dollar

Originally posted by jimkane

But I think most likely either a new low for the move, or chop really low in the range down here.

That's why I expected Euro to hit 1.0875 today.
Looking at the structure on M15 I would say it needs a solid bearish correction. I will be looking at 1.0960-70 and 1.1060-70 if current PTA gives some confirmation.

Watch 2100 +- on this pullback. Unless they come in here at 1.25, which is clearly a key spot.

Okay, they picked up the ES at that first area, it looks ready now for the next leg. Let's see if it handles this current area or not, though.

Amazing how this area is really holding it back.

After-cash pop over the area? May be.

That's cute. Very cute.

Originally posted by rat89

did you say crash close? :o)

Originally posted by jimkane

Okay, that's a nice move into the cash close.