On Friday Pound stopped right on a monster level, so the move up might be done, at least for a while. However, it likes deep W4s testing W2 highs (in a downtrend), so one more impulse to 1.4260-70 won't be any surprise.

Obvious overhead TL just above. It's all about the clues guiding assessment and management. If I tell you exactly what I did you might learn a little. If I guide you as to what I am looking at, you may learn the process. Give you a fish, or teach you to fish... Those people that just post trades all day, they aren't really helping anyone except those that want free trades to take, and learn nothing.

Oh yah! I see. Crazy cool.

Just be ready. One look, for example, at the SPY daily chart, and you can see why. Rat posted this awhile back, I think.

You can see the same thing on the $SPX or the ES #F daily. It doesn't mean it will stop it, but it's something to be aware of, and cautious about.

TL 'smoked' there. Like that wasn't expected.

Now watch the 97.50 swing-high to the left.

So, is the next stop 2100-02?

Oh... Yes, I am seeing it. :)

It's all there once you understand the tools.

It got the swing-point to the left. Watch very closely in here.

It's been a wonderful week for me. I want to thank everybody for their comments and charts and I'm really happy to be included here. This is a breath of fresh air to be with a group like this. Thanks to all for putting up with my "newbie" questions and learning process. Hopefully I can climb the learning curve and be up on the slope where you all are! Everybody have a great weekend and will see you on Monday!