I will start with the Euro chart and my AOC at 1.11-1.1120.

The recent pattern favors the lower area. We will see.

Originally posted by MarcinO

They decided to let the Euro drop off the lower level than I expected. It seems that since yesterday it follows the areas indicated by basic ML sets, according to Jim's approach.
My next levels are: 1.0980-90 and the wide area 1.0920-50, with the heart in the lower part of range.

1.1050 may send it further down.

Higher area hit. Time for correction to 1.1015?

And if that level doesn't hold the next one is around 1.1030.

I assumed the big pop on the 17th in FB was due to earnings. Earnings are actually after the bell today. After reacting to the ABCD checkback it did off the 'top', and being one of the few speculative stocks driving this market, I expect FB to pop huge on the blowout earnings. I suspect a blast up to 102 or 106ish (and much, much higher if they really blow it out). Of course my 'hope against hope' is that they miss and it gets pile-driven into the turf hard. I also wish a top super-model would knock on my door today and ask to have sex with me, and my better half, instead of freaking out, will ask if she can join us. I think the latter is more likely to occur than the former hope for FB. No offense to any readers intended with above comment.

Another big up day for the ES, as expected. 2104.25, with center of key area at 2108.

Okay, I know it's the first reaction, and likely will snap back before I finish this post, but Yayyyyyyyyyyyyyyyyyyyyyyyyyy!!! they are getting hammered.

Okay, time to completely reverse from getting crushed to being way up, so the rise off the low can be even more impressive.

Interesting, the options market (you know, the 'suckers') was pricing in 105 after the earnings. Yes, interesting.

Originally posted by jimkane

I assumed the big pop on the 17th in FB was due to earnings. Earnings are actually after the bell today. After reacting to the ABCD checkback it did off the 'top', and being one of the few speculative stocks driving this market, I expect FB to pop huge on the blowout earnings. I suspect a blast up to 102 or 106ish (and much, much higher if they really blow it out). Of course my 'hope against hope' is that they miss and it gets pile-driven into the turf hard. I also wish a top super-model would knock on my door today and ask to have sex with me, and my better half, instead of freaking out, will ask if she can join us. I think the latter is more likely to occur than the former hope for FB. No offense to any readers intended with above comment.

To me, the only good pig is a dead pig.

Originally posted by rat89

nice close to the week, or as jim would say, die pig, die ;)