The Pound may need one more move up to 1.5170-80 before a larger move down.


After that a further move up cannot be excluded to 1.5270 - 1.53.

But I do have to say, the look is totally gone now, so I suspect it is done and will start to bounce again. If it still heads down it will more likely be a grind, not a flush. But, who knows.

Give it to me, baby.

It's too grindy. I'm just not seeing the flush anymore.

spy 60 - bear flag if I ever saw one....down, up, down for 5 candles

Yep, something is about to happen. I want to lean towards the flush again, but it's so obvious, such a trap, I can't see it just playing out that easily.

A decent flush would be to 51-54. But it's soooooo obvious.

Give it to me, baby.

I keep wondering if they plan to run it up and over, then down. I can't really see that, but I wonder. This is so set up here and now into the close, but it just doesn't feel like it is on the table. I think they are going to send it up right now, very short-term.

They want to gun it up, I can feel it...