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.
MA
MarcinO
Rep: 67
Posts: 5,506
shorter of breath and one day closer to death
Originally posted by rat89
marcin, please.....he's just feeling a little under the weather
Originally posted by MarcinO
The one rat shown looks more like a dying pig.
JI
jimkane
Rep: 3,058
Posts: 33,089
No one does Pink Floyd quotes better than Marcin. And one of our steadiest followers is a Floyd fanatic. How I wish, how I wish you were here...
Originally posted by MarcinO
shorter of breath and one day closer to death
Originally posted by rat89
marcin, please.....he's just feeling a little under the weather
Originally posted by MarcinO
The one rat shown looks more like a dying pig.
MA
MarcinO
Rep: 67
Posts: 5,506
That one should be extended under normal conditions, but today it may not give a lot.
JI
jimkane
Rep: 3,058
Posts: 33,089
The ES is so weak it can't even make a decent effort to get to that TL. This long is one of the worst, boring grinds ever.
JI
jimkane
Rep: 3,058
Posts: 33,089
Yeah, you're not kidding...
Originally posted by MarcinO
Pound is ready for the next leg down on M5.
JA
JaLee
Rep: 0
Posts: 103
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!
