ABCD to 1.1185?

Hit 98.75 again, to the tick, and it's acting like it will start to rise now. Friday into the close rise? I was sure hoping for more downside, but I'm thinking probably not.

Hmmmm, bearish ABCD. Is it trying to give me false hope? I'm already long side bias, so I won't let it. I am not sure if they can/will rise it, but I doubt it's going to dump. I am baffled as to why they haven't swept it out to the downside, though.

This is in line with inverse correlation of ES against Euro, which is now struglling with 1.1390-95, and likely to fall.

Originally posted by jimkane

Hmmmm, bearish ABCD. Is it trying to give me false hope? I'm already long side bias, so I won't let it. I am not sure if they can/will rise it, but I doubt it's going to dump. I am baffled as to why they haven't swept it out to the downside, though.

I wish it would just explode up and get it over with. But, timing-wise, it has to chop a bit longer, I think. And I still can't see how they won't sweep out the stops below.

Yep, it's all set up in here.

Originally posted by MarcinO

This is in line with inverse correlation of ES against Euro, which is now struglling with 1.1390-95, and likely to fall.

Originally posted by jimkane

Hmmmm, bearish ABCD. Is it trying to give me false hope? I'm already long side bias, so I won't let it. I am not sure if they can/will rise it, but I doubt it's going to dump. I am baffled as to why they haven't swept it out to the downside, though.

96-97 is just such a magnet...

Why it needed that one more push up can be clearly seen.
Although 1.1250 is still a great support I wonder about that stops just below 1.11 in the context of a fractal that Euro has followed for the last 2-3 weeks...

Okay, TL is now faked, so it could possibly snap up hard now and run up, without the sweep. We'll see.

My next levels are 9+- and 13-14. I haven't listed anything before there. If it really explodes I will list ones after those.

Okay, I'll post the next level.

17.00-18.50

I'd really love to see that today.

This is some funny stuff.

http://blogs.reuters.com/breakingviews/2015/10/09/the-devils-dictionary-of-post-crisis-finance/