That won´t work, should short that eur-yen, it plunged nicely.
-21 pips.
Well, things usually do not work against of larger degree W3, besides rain stopped, time to go to sea again.
I assume this market is going to rally actually more or less entire earnings season, we might be even 100 points higher before it is ended and not only because of EW but do you know why really ?
Some of those stocks on there are dirty cheap with current fundamendals and Intel was just one example, sooner or later someone starts to picking them and when it occures those higher retracements might get serious trouble times ahead for bears.
