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.

Crude is up almost 10% since Sunday. Wow.

Oh, I was just dreaming. Unless some hard-core Brexit worries came out of nowhere it has about a zero percent chance right now of getting anywhere near there.

Originally posted by MarcinO

That would be great, but the more realistic level is a typical W4 AOC at low 1.42 or maybe even around 1.4150.

Originally posted by jimkane

I'd love to see at least a 1.272 ext ret off that ABCD...

Originally posted by MarcinO

40 pips reaction so far.

Originally posted by MarcinO

Pound broke decisively above the previous area, but 1.4410-20 is a strong resistance level.

ZH headline: Goldman Earnings Plunge 55% In Worst Quarter Since 2011

Results: stock up 4.68 at HOD

Everything is as it should be, in this, the best of all possible worlds.

Yawn. Watch the overhead TL.

key area right now on spy, uso, gdx

I so want to talk about muddy barnyard animals...

It just wants to cling, though. When it finally gives way...

Muddy barnyard animals that go 'oink'. It's just not ready quite yet.

Oink? Oink, oink?

one of them caught a cold?

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!