Starting it off.

first green line is simply the high yesterday....next two are continuation shorts at fib....cci 10 helps tell you it's time

Originally posted by jimkane

What's the significance of this, rat? I don't think I'm grasping what it is showing.

Originally posted by rat89

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That Euro is on fire! Is it going to like... a million? Cable is smokin', too.

the simplest trade - bull trap at fib, then back to the prior low

ES long side bias now. We'll see.

If the ES jumps here the Euro should start to come in a bit, I'd expect.

I don't really see any issue with it making it all back in short order. But I'll watch the KZ and the other basic areas on the way up, in case. First one right here at 88.50.

they ran it down to key area to the penny....then back up to back test intraday break down just shy of .382. That's the second time they rolled it just shy of fib today.

Really weak right off the very first area. Wow. If they have any intention of holding this, it should start to strengthen right here off this pullback at 84.50 area here. If not, they seem to have no intention to support this.

This is just a swooooooooooooooooooooooooooosh waiting to happen.

And yet another nominal new low.

charts to end the week: