1.4255 at European open?
My assumption is that the move down isn't done and Pound is likely to make another leg down.

That smallreaction was all it could give, though. Downtrend again.

My next levels are 1.4135-45 and 1.4075-85. Minor level at 1.4110.

Can't say I mind all this selling, right off that daily ES #F overhead TL.

This is set up for a jackrabbit start on the open, so keep an eye out for that. I'm not saying it will do it, only that it is set up for it.

And they're off!

The area looks ready to give, and a big collapse happen. I'd say is this the fake/trap, but it may be genuine.

Another big drop in DB today. This is one of the best stocks plays I have posted in a long while.

So, making it look super-weak into the area is standard operating procedure for the machines, and then up it goes off the area. I am still watching for that option to unfold here.

There it is! (from the movie Searching for Bobby Fischer).

had a day full of appointments.....did you say something jim? ;)