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.

They're off!

Dragh Queen:

"Our measures are indeed quite effective."

Dragh Queen:

"Our experience with negative rates is 'broadly positive'."

These guys are the very definition of 'delusional'.

Here's a more realistic viewpoint.

https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/negative-interest-rates-destroying-the-world-economy/

Are you watching that drop?
80 pips off the area.

Originally posted by MarcinO

That high at 1.4440-50 might be it. This is a very nice area, showing some symetry as compared with LOD level.

Oops, I forgot I was supposed to be discussing the ES. Bearish ABCD hit about an hour before the open, and there was a rip to sell right before the open, so either one is in, or just watching right now if not. Now it's at the area of the big bullish ABCD, so watch that. The short was okay, I just don't know if it will have any more to give. This is management mode.

1.4360-65.

uup key area 24.19 - 24.42

There is a lot of stuff here at this 92.50 level, so watch it closely. I am hoping for lower.

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!