I took day off while wheather was too great, it seems I didn´t miss much. As I hoped complex zigzag for EurUsd would come it seems complex zigzag for EurUsd did come, but not for long, stay tune for real action again. This is Eur-Jpy 15 minutes chart plus Eur-Usd 30 Minutes Chart.
There´s macro fireworks coming soon during the rest of the week and I do belive we will get that SPX 750 to the table. Once and if reached it should offer powerfull reversal up again and perhaps a breake for this bear market for longer run. Pretty much every chart would agree with that including Eur-Usd also.
Is there alternative count exist, of cource there allways is. If you just place wave 4 to the EurJpy chart then we would be missing fifth impulse for this chart and it would lead SPX to the new high, propably to the 850 level.
Overnight position ? You must be kidding, it´s time to hunt much bigger turns now-on.